It's a two bed, one bath with HOA fees of $195/month.

(Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSArlington, TX4 Bed, 2 bath1875 SFBuilt in 1981Class A-/B+ neighborhoodasking price - $200,000 (I estimate it is truly worth $220,000).Good schools close by.I will self-manage.My numbers:Thanks! 

how many bed/baths?

Very few people know how to get rid of bed bugs, roaches, etc.

See the 3 things after the financials Purchase price: $390,000 I can get financing at 25% down, 5.5% amortized 25 years Per seller: 90% occupancy or higher since they owned in 2002 8 - 1 bed/1 bath at $550 per month 6 - 2 bed/1 bath at $650 per month *One of the 1 bed/1 bath has an onsite manager/handyman living for free so there is no property mgmt costs in the expenses* Owner pays water and trash 2017: Total Operating Income: $79,989.50 Expenses: - Lawn Maintenance: $1,800 - Water: $6,816 - Trash Collection: $1,740 - Pest Control: $820 - Supplies: $4,280 - Repairs: $9,852 - Insurance: $4,153 - Property Taxes: $10,515 Total Expenses: $39,976.82 NOI: $40,012.68 2016: Total Operating Income: $83,154 Expenses: - Lawn Maintenance: $1,800 - Water: $5,820 - Trash Collection: $1,680 - Pest Control: $604 - Supplies: $6,639 - Repairs: $9,910 - Insurance: $4,153 - Property Taxes: $10,521 Total Expenses: $41,127 NOI: $42,027 So if I’m all in at $115k (down payment + closing costs), assuming 40k NOI, i’m looking at 16.4% cash on cash with one unit vacant at current rents (without anything set aside for capex however) WHAT WORRIES ME: 1) No washer/dryer connections AND no laundry facility on site (would have to build a new building and run new plumbing to add one).

I found a duplex in Scranton PA its 1930's 6 beds/2bath per side in a decent neighborhood close to schools hospitals ect and it listed for $139,000 I can get him to around  $120,000.   

I'm hoping to tap into the wealth of information provided by you fine folks.A little bit of background on me: My husband and I currently rent a 1 bed 1 bath ADU in the San Fernando Valley, we pay $1700/mo including all utilities.

.- Unit 1- 4 bed 1.5 bath rents $700-Unit 2- 4 bed 1.5 bath (remodeled) rents $925Unit 3- 2 bed 1 bath rents $595This property is owned and not currently financed. 

Like Marco said, why not take the 1 bed for yourself, and rent the lower to your friends. 

These are typically builders grade homes with 2-3 beds and 1-2 baths.I am looking to start turnkey to dip my feet into a market, but eventually would like to get a team started in a targeted city.