Breakdown of the deal:This is for a Single-family home  3 bedroom 1 bath 836 sf living area.

He buys 3 bedroom bank foreclosures for around $10,000 and rents them out for $600 a week to refinery contractors. 

I have an opportunity to buy a 5 plex built in 1980, consisting of 5 3 bed room 2 bathroom townhomes, for $450,000.

Does this deal make sense and seem like a good investment if it works out for the added bedroom/lot unit?

Square footage and bedroom/bathroom numbers obviously matter, so try to stick to what you have, if you can, for the comparable rental.

$100 per cleaning sounds fair and thats what I pay on a 3 bedroom 2 bath house. 

Purchase price: $203,000 Cash invested: $40,000 Single family 2 bedroom 1 bath in Key Largo FL, not on the water but has an HOA park on Florida Bay with beach, dock, and boat ramp What made you interested in investing in this type of deal?

It's priced 30 grand under any other property for sale in the neighborhood. it's three bedroom two bath across the street from an elementary school that was just renovated in the States second best school district.

I am about to purchase a large 6 bedroom home and do my very first househack!

It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.