i havne't looked at rent comps in a bit for pinedale but i can't imagine you'd go much higher than 1200/month/unit even in a 3 bed, but maybe. 

We also target not undergrads/students as most of the attention in those markets is towards students.We've found that the market rate rents float higher in college markets compared to non college towns because of the upward rents of student housing that are charging by the bed vs by the unit. 

Purchase price: $110,250 Cash invested: $15,000 Contributors: Ryan Murray Large SFR 4 bed 2.5 bath with finished basement over 2,000 sq ft.Property was sourced of the MLS as an REO.

You are not moving a 3 bed 2 bath 1800 sq ft home from St Louis and dropping it in Santa Clara... you are moving  the same value of your real estate property to a different market.Example 1: I own 2 properties in Scottsdale, but would love to instead own 20 properties in Detroit, MI for Cash Flow purposes. 

You are not moving a 3 bed 2 bath 1800 sq ft home from St Louis and dropping it in Santa Clara... you are moving the same value of your real estate property to a different market.Example 1: I own 2 properties in Scottsdale, but would love to instead own 20 properties in Detroit, MI for Cash Flow purposes.

That is a good size as you can easily get a 3 bed/ 2 bath layout out of that which could maximize your rental income.

Rough estimate for a 3-bed in Lakewood will run $1650 to $2300. 

Purchase price: $16,500 Cash invested: $35,000 3 bed 1 bath SFR, bought of the MLS.

Also, compare homes that are similar in terms of square footage, age, bed/bath count and so on.

Any recommendations on other neighborhoods that have a healthy mix of distressed/retail properties?