Purchase price: $99,000 Cash invested: $120,000 Three bedroom two bath ranch style home What made you interested in investing in this type of deal?

We're just like any other market, you just need to find the right neighborhood that fits your investing style. 

@Evan Corbin If someone already had diversified investments (assuming IRA and investment accounts) and wanted to invest 250K in rental real estate I would suggest narrowing their style of investment down first. 

They shouldn't be priced more than comps because comps indicates same style (flipped and ready), so there is no need to pay for a turnkey property if you can buy another one, not through a turnkey company, that is sitting on the market flipped and ready.

I had known when I purchased this house I would need to bring it up to date from the 2005 style it was decorated in do before I sold it.

Some investors combine the strategies, and rent out the property during fall and winter to a long-term tenant as a furnished rental (think corporate rental), and then switch it over to short-term Airbnb style to get the best of both worlds.   

I woke up this morning to see BP took a recent blog article I wrote and put it into audio form....my style. 

Though if it can be saved it’s a beautiful Victorian style house with amazing details. 

Our one duplex is fantastic and very unique.  2 story townhome style with poured foundation. 

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $212,000

Cash invested: $40,000

Sale price: $342,000

3bd/2.5ba/1905sq ft. Reno'd kitchen/dining, half bath a...