Now . . the house is 'vacant' except for me - camped out in the living room (bed on floor, small table and lamp) while I complete some upgrades and find a tenant. 

He's put about $20k into it fixing it up as it had a decent amount of deferred maintenance. 5 bed/4 bath sleeps 17 people.

We do not plan on living here for 30 years and I know not to bet on appreciation so I will do some value add to the house over time and expand it to a 4 bed 2.5 bath with less than a 40k investment, the layout will support it.

I know this sounds like the kiss of death, but I plan to start investing by wholesaling a few deals this year.

So here is the deal:2 Bed 3 Bath 1,056sqft TownhouseAsking Price: $49,900Offer Price: $40,000(Has been on the market for 60 days)Down Payment 20%: $8000The property is currently move in ready and needs minimal repairs.Repairs: $1000Rent: $825Mortgage: $172Taxes: $35Insurance: $67Repairs(10%): $82Property Management(10%): $82Vacancy(10%): $82CapEx: $100Sewer & Garbage: $100HOA: $0----------------------------------Cash Flow: $105CoCROI: 14%---------------------------------There was a similar townhouse that sold in December for $59,000.Exit Strategies:Cash Out RefiSell to Investor as a turnkey _________________________I was looking to get opinions on if this is a solid deal and if i missed any information.

I am currently under contract for a SFR that is a 4 bed 2 bath and am looking to house hack.

However, due to home prices in my area I'm wondering if this should be a flip instead.Here are the numbers:purchase price $142,000Closing costs: $7500Repairs/updating: $9500.00Carrying cost: $1800 Rental rates are $1400 for a 3 bed/2bath in this area.  

How many beds and baths? 

If there is no probate file the last resort will be to pull the death certificate, Whomever filled it out will be your 1st point of contact.Here's the link: http://kernpublichealth.com/death-certificates/Good luck @Matt Owen

1880 sqft 4 bed/2bath apartment that rents for $2,500