It doesn't matter how many bedrooms a home has here, nor size.

You will share in the profits made off of the condo complex, receiving a percentage of the full sales price of each unit.

I would be interested to hear any constructive comments.Area Location: Northeast DenverSquare Footage: 1219Bedrooms: 2 Bathrooms 3 Two Levels Style: Condo/Townhouse Financial Information:Comparables: $169.725Assessors: $189,600Bank of America $173,700Average Rental $1050ROI .14 (.65 factor used)Rehab cost maximum $30,000 (should be less)Asking $59,000$1000 Earnest MoneyI am hoping that this will be a quick wholesale deal

Here are the details which we know of at this point... 48 unit complex (44 2 bedrooms, 4 1 bedrooms) in good condition with all new roofs and windows, and seperate heat and a/c in each unit.

All units have separate electrical and gas meters. 1st floor - 1 bedroom 2nd floor - 2, 1-bedrooms (can be turned into a 3 bedroom w/2 bath) 3d floor - 2-bedroom.It's a bank foreclosure that's on the market for $349K.

I am looking at a bunch of properties to find my first rental...Looking at 3-4 bedroom, 2+ bathroom SFHs, rents in the area are about 1200-1400.I am looking a properties that range from about $70,000-90,000.

How many bedrooms are in the house?

This summer I have been adding a bedroom to one of the unites.

I am wondering on how to proceed with renting the condo, If I consider renting the house to this tenant what precautions should I take.

In the offer I specified a price, a downpayment, mentioned that it was subject to financing and satisfactory condo documents.