The last unit that sold in my complex went for $237KThere are condos selling a mile and a half down the street for ~$260K with the same square footage, however, most of them have carpet and are in the same condition as mine. 

It used to be that 2-4 family properties sold at lower square footage prices than single family. 

The rules are pretty intense in terms of actual square footage you can have and that you can't rent "an entire unit", just a room in your house... 

The square footage still shows 1350 only.

electricity may go up for greater square footage, but the same principle applies.

In the past, as a quick and dirty calculation, I've relied on sq footage - but now that we may be approaching an offer, I'd like to make sure the rent isn't inflated as that that will directly impact NOI.

To give some more information I am looking for a single family house (columbus, OH) that I can add functional value and hopefully square footage to in order to increase ARV. 

My investment condo's HOA fees are distributed based on square footage, bed/bath numbers, and whether the entrance is private or shared.

The numbers are below:House #1 (4 bed 2 bath):Year built: 1994Square footage: 1440Listing price: $105,500Under contract price: $98,500 ($100,000 with $1,500 credit)ARV: $125,000 (conservative)Repair cost: $6,000-$7,000 (realtor's estimate but can be less)Rent: $1,200-$1,300Location: E 75th st & N 700 W, 46236House #2 (3 bed 1 bath with 2 family rooms):Year built: 1961Square footage: 1389Under contract price: $30,000ARV: $50,000 (conservative)Repair cost: $7,000 (wholesaler'so estimate but can be a little more)Rent: $800-$850Location: E 25th st & N Post Rd, 46219Any feedback on these 2 properties especially on location is greatly appreciated.  

Based on my research on the topic, I've formulated the following statements:Buying: In exchange for heavily decreasing your cash flow, you're able to secure more square footage to live more comfortably.