@Kevin Izquierdo, a good agent will show you comps and help you find a good deal based on your criteria.I believe when an appraiser uses comps in their appraisal report (done for financing), they will only use similar properties sold in the last 6 months, within 0.5 mile radius of the subject property.These are generally good guidelines when looking at comps yourself, but depending on your specific location, you will need to really get a feel for good/bad streets, neighborhoods, etc.For example a 3 bed, 2 bath house on 1/4 acre lot in a great neighborhood could comp at more than twice the value as the same property in the hood.

There were bed bugs when I bought the property.

I've found over 20 properties yesterday that meet the under $35K mark.For example I found this yesterday on Zillow: 2590 Godfrey Dr NW,Atlanta, GA 303183 beds 2 baths 1,308 sqftAsking price: $25,000/ Zestimate: $61,510The pictures didn't seem too bad. 

I forgot to mention I have spoken with a few PMs, and although they said you'd see diminishing returns on any number of beds over 4, they didn't seem concerned about being able to rent it out.  

Right now we are focusing on SFRs of 3+ beds and 2+ baths to either flip or hold as rentals.  

I'm looking for properties to renovate in the nicer neighborhoods of Phoenix, Tempe, and Scottsdale. 2-bed or 3-bed condo or house.

He rented to this 24 year old guy , a 1 bed , 1 bath .

Current rent base on centimeter is $850 for two bed and $650 for 1 bed unit which the property only as one.  

., bed, baths, SQFT, etc.)

The property is a duplex each unit is 1 bed 1 bath, was recently renovated.