It could lead to death if you don't have legal egress windows for people to get out in case of an emergency.

So maybe you should go with a LTR and make yourself rich instead of going with a STR and making someone else rich.Source: Me, I self manage 23 STRs with 83 beds.

Can someone guide what rent we can expect for a 1200sqft 3 bed 1 bath home?

Or the owners have issues like divorce, death of the owner, etc...

The other option that comes to mind is to make it an addition to the 3rd floor and turn it into a 4 bed 2 bath two-level unit, but this is my least favorite option. 

I purchased a turnkey 4 bed 2 bath property in Muncie, IN in 2017.

It's really important for a wholesaler to know and honor that it's gotta be a win-win, if not and it's just a "screw you fight to the death against all others", well, then, screw you back and I am gonna take my cash and hire some tech-nerds and build a lead gen program and side step you all together, it's just that simple. 

Purchase price: $164,000 Cash invested: $10,000 7 Bed Sober-Living House How did you find this deal and how did you negotiate it?

There are still deals in the eastern sections of Bed-Stuy and Crown Heights (closer to Broadway Junction) around the $1.2mm price point and Sunset Park at the $1.4mm price point.

Overhead is large but you can collect 11k a bed a month