Single Family Residence within 20 mile radius of my home2.) 3 bed 2 bath, with garage. , Average yard size, good school district. 3.) 

I am in Phoenix where old 2 bed 1 bath homes are a target for some rehabbers here.

When we knew I wanted to be able to travel and meet up with my husband this year we rented out all of our houses, I down sized into a "storage unit with a kitchen, bathroom, and bed" but it gave us the money to invest while living!

I have a potential tenant for my 3 bed house in SJ.  

I just looked at a house that could best be described as a 1400 sq ft, 3 bed, 2 bath litter box.  

My favorite numbers are 3 bed 2 bath 1600sqft or 4 bed 3 bath 1800-2000sqft depending on the area and neighborhood. 

It is 2 bed-1 bath up/down.

It's really pathetic hearing newbies trying to do things and are scared to death of acting being afraid of the liability that goes with being in business and worse, trying to finagle ways of avoiding liability for their actions, it can't be done.

If I lower my expectations and go for a different unit, I'm going to have to rely on the city, which I'm willing to do, but rent goes about half less than the neighborhood here and the city is kind of gross and is also infested with bed bugs everywhere.

Find a motivated seller in that area you can buy from at a good price, tack on your assignment fee, flip it to a cash buyer and get paid.If you see from your MLS search that cash buyers ate paying $50,000 for 3 bed 1 bath homes in a certain area, then you know the price you get a property under contract for plus your assignment fee need to be no more than that amount.