One bedroom had a missing rug and the lender required a rug installed prior to closing . 3 days prior to closing we hand laid a rug and nailed it down in 4 corners.

The rental includes a basement laundry, main living level and bedrooms upstairs. 

I anticipated licensing my 5 bedroom home as an assisted living facility in Florida.

Converted the garage into a bedroom, added a bathroom to make the unit 3 bed, 2 bath.- Rented it in August 2019 for $1,050 and a cash flow of $360.- Appraised for 90,000.

Converted the garage into a bedroom, added a bathroom to make the unit 3 bed, 2 bath.- Rented it in August 2019 for $1,050 and a cash flow of $360.- Appraised for 90,000.

I bought a 2012 2 bedroom/2 bath mobile home from the oilfield guys when they went bust in South Texas for $15,000 that was 876 sq ft and added a 500 sq ft living room to it.

“If you own a 3 bedroom single-family home, live in one room, and rent out the remaining two, you occupy 33% and rent out 67% of the property (this is assuming all other rooms, such as bathrooms, kitchens, living rooms, etc., are all shared equally).”

I was trained that a good rule is two occupants per bedroom + one. 

@Jennifer Edwards we charged $110 a night for 3 bedroom 2 bath property in walking distance to lake completely renovated property.

Purchase price: $215,000 Cash invested: $12,000 SFR in high demand rental area, 3 bed/2 ba, adding 4th bedroom.