Purchase price: $50,651 Cash invested: $40,000 4 Bed 2.5 Bathroom What made you interested in investing in this type of deal?

Both 2 bed 1&1/2 bath.

It was a 2 bed 2.5 bath townhouse for $298,500.

i'm going to have to have a company come rip up the drywall, dry everything out and re-drywall/paint....I imagine that whole process will take at least a week.The home is a 3br/2ba...their 2 children's rooms are unaffected and the couple in the master could move their bed/clothes to a "play" room downstairs or live in one of the two living rooms in the home.  

It is a nice neighborhood 2 bed/ 2bath $1100/month.

Ah turns out zoning only allows bed and breakfast businesses.

My hope would be to transform it into a 4 story, each of the 4 units having 2 Beds & 2 Baths & a common access to a roof deck area. 

Death, deferred maintenance, taxes, insurance, illegal transfer, default, etc..

I currently have newer investors, who I feel, are over allocating expenses for single family rentals (typically 3 bed, 1 bath, no central AC units) to the point where it is becoming impossible to find them a deal that cash flow when they run their numbers.I'm curious to gather the opinions and formulas to start introducing alternative calculations from seasoned investors for typical expenses like insurance, mortgage, maintenance, capex (if that is not already included in maintenance), property management, etc. 

I am currently bedding my last 2 rehabsBoth just competedMy plan is to firstly ensure that my assets are performing, by this I mean cashflowingI will then target growth/appreciating areas in DetroitBaby steps at the moment