I got married a week after we bought the house and jumped right into it after our brief 4 day ‘mini-moon’ on the Oregon coast.Since it’s the first thing everyone want’s to know; Here are the numbers:Home Specs:Before – 2 Bed, 1 Bath; After - 4 bed, 3.5 bathPurchase Price of House: $365,438Total Rehab Costs (incl. architect, engineer, & permitting): $336,888Soft Costs/Holding Costs: $8,774Total Purchase and Project Costs: $711,100Final Sale Price of House ($55K over asking): $885,000Realtor Fees: $42,038Gross Profit for Project: $131,863Funding Source: Private LenderThe duration of the project from acquisition to design, land use review, historic committee, construction and final sale was just over 13 months.I’m going to chalk this one up as a WIN.

Just make sure to properly bed the tub as they flex when filled (can cause cracks in the caulking/grout where the surround rests on the tub.I agree the painted steel tub will scratch and possibly rust.

#of beds, bath etc. or any special features?

3 bed / 2 baths are ideal but I'll look at almost anything that's in decent shape.

My parents had one property over there right by camiel's beer distributors. 2 bed one bath bought for 105K in 2008 or 9. about a 35k-40k full gut rehab.

Over 2100 sq ft 4 bed room 2 bath including a 2 car garage that was converted into living space with permits.

Now three weeks later, she texted me regarding her squeaky fan above her bed.  

And just as many that specialize in turn key sales .I would not get to focused on one area until you have explored much of the US markets first.things to consider when owning rentals of course is the city health and demographics and long term projections.. and the other big issue especially with older rental stock is long term Capital expenditures to keep said homes in decent shape.. there is a sweet spot for rentals IE sq ft of homes and bed baths..

Here's my situation:135,000 property - 3 bed 2 bath15% (20,250) down that will be borrowed from investor at 10% over 10 years.  

At this point in my life I want to be crazy successful and go to bed knowing I am doing what I absolutely love.