To be honest with you I think I prefer one beds over bigger units.

Just don't expect to get a premium price for your steak served on a bed of dog poop.

Edge in some beds around the house.

The first purchase was closed on May 14'20141 1/2 Story SFR with 2134 SF. 3 bed 2 bath and 1 car unattached carportThis home on 1.85 acres with orchard.Purchase 77,000Finance 72,500 at 6% interest only for 9 monthsDown payment and closing cost $6316.80insurance $400Estimated rehab $10,000 this verified with partner/contractorLooking at setting ARV by comps and realtor is $135,000

It was a 2 bed, 1 bath ranch ~900 sq ft.

Here are some details:Asking Price: $680kSpecs: 2 bed, 1 bath, 1,000 sqft.Comps around the area are around $650k and $690k but fully renovated and 3/2 mix.What are your thoughts?

House #1: 3 Bed 1 bath Rents for $700/month (needs paint and probably new carpet) House #2: 2 Bed 1 bath Rents for $400/months ( needs no major work) House #3: Large 3 Bed 1 Bath Rents for $850/month (needs no major work) Tri Plex.

I have the opportunity to purchase a $200k property with 6 units that range from $400 - $700/mo.House #1: 3 Bed 1 bath Rents for $700/month (needs paint and probably new carpet) House #2: 2 Bed 1 bath Rents for $400/months ( needs no major work) House #3: Large 3 Bed 1 Bath Rents for $850/month (needs no major work) Tri Plex.

Here are the details: Beds: 3 BedBaths: 2 Full BathHouse Size: 1,634 Sq FtProperty Type: Single Family HomeYear Built: 1964List Price: $39,500 Plan going in - #1 - Buy & Hold #2 - Resell for profit #3 - Lease option FARV (Fast Sell After Repair Value) $110,000 Going to offer $25,000, looking to get it for $30,000 Estimating $40,000 in repairs (roof, siding, HVAC etc) Total project cost $70,000 Down payment $21,000 (30%) Expected Rents $900 (Based on numbers from Zilpsy, Rentometer, Zillow and test Craigslist ads) Breakdown of monthly expenses - Total operating expenses: $380.00 Mortgage expenses: $278.22 Repairs: $90.00 CapEx: $90.00 Insurance: $60.00 Management: $90.00 Monthly P&I: $278.22 Property Taxes: $50.00 Total Monthly Income:$900.00 x50% for Expenses: $450.00 Monthly Payment/Interest Payment: $278.22 Total Monthly Cashflow using 50% Rule: $171.78 Looks like almost a 9% Cap Rate, and 12% ROI.

Fiberglass tubs should be installed with proper support underneath (e.g. mortar bed).