I know if I can get a 3-4 bedroom house I should be able to charge 4-5 hundred a month per room which if I get the mortgage payment low enough then covering that, property tax, insurance, etc. should be doable with a little extra to put back towards any unexpected expense with the house.

You've not really walked a value-add property until you've been in one where bedroom #1 was where the dogs crapped and bedroom #2 was where the humans crapped.

Purchase price: $169,000 Cash invested: $33,800 Single Family home in Sedgefield, 3 bedroom, 1 bath What made you interested in investing in this type of deal?

Hello to the Yucca Valley/JT STR community,My wife and I are strongly considering purchase of a 3 bedroom/2bath 1578 sq ft. in the Western Hills neighborhood of Yucca Valley for STR.

Are said Units all 2 bedrooms or larger? 

The biggest problem seems to be the window requirement for the bedrooms.

.$1700 - 3 bedroom up - New floors, paint, knock down 1 wall, add washer dryer, modify front entrance for common foyer between units$1400 - Basement unfinished - turn into a 2 bedroom unit, kitchen, bathroom  - 40'x20'Widen drivewaySplit hydro into two metersFix upper then rent (2 months) then work on lower (4 months)Refinance after 8-12 months. 

Found this from a google search https://candysdirt.com/2020/04...Also, there has been ample discussion on BP about he situation.

Age of house and # bedrooms.

Removed all tenants, added 2 bedrooms and a bathroom overall, redid kitchens / baths / flooring, all on a 0% apr credit card.Rented out to a new group of students for $4500 for the entire building, refinanced at a new higher appraised value.