The second that the ~$1400 face value of a 3 bedroom voucher is going to get you that rent rate).

You will likely need to rehab for any strategy but Co-Living will be more bedroom additions which is less cost compared to kitchen and bath remodels that are more needed for furnished rentals. 

Just not seeing any rents close to the property for 3/4 bedroom properties that would cash flow for a mortgage that size.

We rehabbed the entire property and added an additional bedroom to each of the units.

Raised properties income from $2400 to $4300 and living for free in a massive 1600 sq ft 3 bedroom.

Do you have a price range you're targeting or a number of bedrooms or SF?

I probably can get 1500-1800 per month rent for a 3 bedroom, 2 bath (appx 1200 square feet) and can build for 174,500.

* How many bedrooms per units?

Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.

I am currently living in the master bedroom, and renting out the other 3 bedrooms.