If you can get into something like a value-ad duplex in Longmont or a 3-5 bed SFH in Gunbarrel/Martin Acres/Longmont/Lafayette for example and rent rooms to friends, I'd say you're making a very smart move.

We are hoping this can be a solid deal for us, and who knows maybe it will open the door to more single family deals.Here are the basics:- Purchase price: $85,000- Rehab budget: $30,000 (in a future post we will show the detailed draw schedule outlining specifics of the budget)- Projected ARV: $180-$190k- Yearly taxes: $3532/yrThe property is a 3 bed, 1.5 bath 1250 sq ft ranch located in Plainville, CT.

We bought the single family 3 bed 1.5 bath house for 75,400 and it appraised before closing at 107,000. 

I think it is a good niche because I am getting a premium on rents but don’t have the hassle of cleaning beds everyday.

My advice is find a small local bank and get in bed with them.  

Will we be living in a 2 bed/1 bath till our kids grow up?

3 bed 1 bath Apartment 1100-1300 sq ft is $1200-$1350 with nothing included. 

Purchase price: $45,000 Short term vacation rental, purchased originally to flip but then decided to try the short term rental market. three bed 1 bath with the potential to add a bathroom to the garage.

Built in 1930 with 4 bed, 2 bath, and needs moderate rehab - kitchen cabinets/countertops and a bathroom vanity/sink.

Two units contain 2 beds 1 bath, the third unit is a 2 story 3 bedroom 2 bathroom.