I put $550,000 into the demo and construction of this new single family home with over 2900 SF, 2 stories, 3 view decks, 4 bedrooms, 4.5 bathrooms, large chef’s kitchen with top of the line appliances, huge yard, attached 2 car garage, and built in BBQ, fridge and bar seating for 7 on the backyard patio.

2 bedroom should do closer to 50k a year.

What are the properties consisting of (ie. number of bedroom/baths per unit etc)?

Certain things like number of bedrooms square footage and amount of bathrooms whether or not theres a garage or on street off street parking also helps as well.

This means that the demand for good rental properties will increase and rental rates will follow.Their 2020 3-bedroom rental estimate is $1656, a $151 increase over 2019 or 10% increase, with a population increase of close to 77,000 or 3.78%.

Hi All, Would you BRRRR a 2 bedroom condo unit for your own personal residence, if at the end of the day you break even on cash flow from current market rents? 

If you have ample funds like over 100k I would keep it and might if I didnt since your coc is so good. 

Many of the top PM companies, who can afford to be picky about their clients, may choose not to manage it at any price.In addition, I see from Rentometer that the median rent for a 2-bedroom in that area is $625:And those are Rentometer numbers, which can sometimes over-estimate by a significant amount. 

It is a 14x66 - 2 bedroom, 2 bathroom home with a 12x18 3 season porch.This home is extremely clean.

Will this lower the ARV b/c there are less bedrooms?