The PM said in order to be considered relocation, the tenant's bed must be moved. 

Purchase price: $167,000 Cash invested: $30,000 Sale price: $317,000 4 bed, 2.1 bath single family residence.

Purchase price: $318,000 Cash invested: $15,000 Sale price: $380,000 2900s sqft. 5 bed, 3.1 bath single family residence in established neighborhood What made you interested in investing in this type of deal?

A few examples include several units with bed bugs; moldy grouts in about half of the bathrooms.

People do this with duplexes , bed and breakfasts, and situations like yours all the time. 

So maybe you should go with a LTR and make yourself rich instead of going with a STR and making someone else rich.Source: Me, I self manage 23 STRs with 83 beds.

Can someone guide what rent we can expect for a 1200sqft 3 bed 1 bath home?

The other option that comes to mind is to make it an addition to the 3rd floor and turn it into a 4 bed 2 bath two-level unit, but this is my least favorite option. 

I purchased a turnkey 4 bed 2 bath property in Muncie, IN in 2017.

Purchase price: $164,000 Cash invested: $10,000 7 Bed Sober-Living House How did you find this deal and how did you negotiate it?