Since I’ve seen a much bigger rental yield which is a lot easier to accomplish due to per bedroom.

Currently it has 3 bedrooms, 1 bath. 

So far they removed all the old carpet and they put in a new drywall ceiling and wall in the master bedroom on the top floor.

I was able to add a bedroom to a studio and take it from $550/month to $750/month. 

You want someone that has a few crews, and ample work so that they are typically bonded and can float their workers due to the "get paid as you complete" draw process of a renovation loan.Let me know if you have any other questions!

Added a bedroom in the basement, adding appliances on the main floor(not sure if this added value or not, but definitely made it more rent-able) What was the outcome?

My only advice would be if your strategy is going to be rent by the room, I would look for 4 or 5 bedrooms if you can

Ideally would like the BRRRR or can flip as another exit strategy4 bedroom 2 bath, 1400sq ft in Addison IL, off market deal, horder house that needs to be thoroughly cleaned.$120,000 purchase price with a conservative $250,00 ARVRoughly $60,000 in renovation Conservative rent $1800 monthI’ve got roughly $200k in capital(HELOC/Savings combined)With the current situation in our world it’s nerve wracking obviously, thanks in advance for the advise.

I deal with 20 somethings almost exclusively and explain it like this: “if you come home and little Susie has your cousin in the bedroom doing some Eyes Wide Shut type stuff, you’re still fully liable for the duration of the lease even if you move out and she starts moving through your entire family.

The property was a 3/2.5 single family home (with bonus room in attic that could be used as a bedroom) 2400 sq ft.