3 Hud homes- flips1 CL Ad- 3 bed for 15k rented day 1 for $6001 MLS(I am a broker so received comm)  3 bed/2bath rented for $695 day 1Rentals are not really my focus but you have to take what the market gives you

The 1512 is listed for 269k with hard wood floor, 8 beds 2 baths with the current rent is 3200.

or refinance it at new appraised value.ex, buy a 4 bed/1 bath, turning it into a 4/2 or 3/2.... 

., so that's about a 6.5% ROI.Here's the 12 unit info/estimates:(11) 2-beds and (1) 3-bed, plus a storage garage that is rented out separately. 

I couldn't believe that heated the entire 3 bed/2 bath 1400 sqft house, it did a great job.

You can rent out 3 bed 1 bath in Garfield for $1500 and for $1250 you would have A LOT of takers.

So by the time the contract with the tenants expired and we came back to check on the house, we found out that our furniture was moved to the garage, beds and all, pieces were missing so we cannot put them back together, 2 sofas are ripped off by the tenants dog, and on top of all, the management company is charging us for the water and electric bill and reconnecting fee for a month because they had to reconnect it when they had a cleaning company come and "clean" the house.

She also left a few small items behind (an old TV, a bed, ironing board and a drawer of junk).

*disclaimer: always varies, this what I have seen with my buyers.As are is if it's worth it or not,  that's an interesting question.The big plus is in our area,  vacancy rates are very low. 4- 1 bed units at 1000/month with you and your wife in one of the units should enable you to live "free" or close to it which is certainly respectable .Collin

The property, was a 2 bed 2 bath 972 sq. feet unit listed for $27,900 with a cheap cheap HOA of $183.