There is this parquet floor in the "fireplace room."  

I have a home I am planning on turning into a home for college students.  I'm purchasing it for 75k and the rehab will be about 35k. It will take 2months for the rehab. The main problem is a new roof that I am current...

In an apartment complex, each apartment is a unit.I've never heard it refer to each bedroom, however, maybe in a situation where you are renting rooms out in a house in a college rental situation, each room might be considered a unit.

Students will generally treat their rooms and private bathrooms well, but the common areas get destroyed.

I assume the major things we'd have to do is design and furnish a usable workspace-- wifi, desks, copy/fax/etc, coffee, conference room I was trying to decide if it's better to rent dedicated spaces for more or just have a lower price and make the rates similar to a "gym membership"modelIt would be in the Los Angeles area.

while I use a software checklist tied to my PM software now, I used to walk the property with a checklist by room with categories to check (paint, floor, fixtures, blinds, etc.) and camera..  

You're saying rent out 4 rooms in an SFR? 

He is horrible at math but does a fantastic job at the few geometric equations he uses over and over again.Also, keep in mind you wont be a room full of investors scrambling to do math equations and the first one to complete gets to make the offer. 

There's some room there for a refi but not a lot.

It's a whole lot slower moving than LA, and industry is more concentrated.Just make sure you're buying in a decent area, and if you leave yourself some room for rents and valuations to go down you should be fine.