Building #1 Single family one bed one bath small house.

She was showing a house that I wanted to flip but it was 419K, 7 beds 4 bath, in a good neighborhood but it was a big step for my first deal so I didn't jump.

Houses with similar Sq footage are 100k - 130k (but most have 3 beds). 

I own about 140 properties, but I live in a commercial building built in 1904 with my wife and two children, My two kids live in offices and my wife and I have a bed in the middle of the main entrance room.

It does not appear to be D, war zone.

It should currently appraise at or below $200K, it has 2 2 bed/1 bath units and 2 1 bed/1 bath units, current rent for the 1 bed/bath is $500 per month. 

The units do seem a bit undersized are they all one beds?

Purchase price: $104,000 Cash invested: $104,0004 Beds and 3 Bath SFH. 2587 SqFt. 1 Storey FrameGarage is converted to a rental unit with Full Bathroom.

The sellers are an older couple that don't want to deal with rentals anymore.Here are more details:Built 1932 DuplexUnit 1: 2 bed 1 bathUnit 2: 2 bed 1 bath 1 non-conforming bed (can't make it, so it stays)Units should rent for about $800 for unit 1, $850 for unit 2, but are currently vacant.Most of the updates/rehab have been done on the inside.

My four units in the area are each 2 beds and rent for $700, $900, $1,000 and my sister lives in the 4th.