Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now the full amount to move in including the security deposit and her credit score is in 500 due to medics bills and a few other stuff, versus the second person makes a little under two times the rent but she has a great credit score at 6 70 and she has the full amount to move in right now, what would you do?

Rent on a 1 bedroom is probably going to be more in the $500 - $600 range and a 1 bedroom (or even a 2 bedroom) in that area is going to turn over quite a bit.

The property needs a decent amount of cosmetic work and I'm converting an attic into a master bedroom master bath for a total of 4 bed 2 baths.

My plan is to use an FHA to get a single family property with as many bedrooms as possible.

@Aaron Turner We recently had a tenant that rented a two bedroom unit from us on our standard MTM lease.

If using sites like this make sure you look at recently sold comps (6-12 months) with similar bed room/bath rooms.

Purchase price: $110,000 Cash invested: $17,000 3 bedroom, 2 bath home in 21213 What made you interested in investing in this type of deal?

Recommendations:Look in surrounding markets that may not be experiencing the same appreciation in price as yours.Consider a lower price point property in your market where you could add a bath, bedroom, or other improvement that would allow you to flip it into a higher price point.Wait it out...what goes up, goes down. 

. Occupancy is limited to 2 people per bedroom. Pets are not allowed.

This home offers you 4 bedrooms and 2 baths( 1 master bathroom).