@Jay Hinrichs You speak wisdom and I agree with all that but let me paint a better picture of the location, we are not at this time going to get the usual bed bath and beyond, DSW, or any of the upscale aggressive growth retail.

On numbers of beds, two bedroom tenants are more transient than 3 bedroom tenants.Good luck, and welcome to BP.Rich

Hey everyone, I am currently looking at a property in Greensboro NC, it is a 3 bed 1 bath, we want to put a 2nd bathroom in there, nothing special just a normal run of the mill rental grade bathroom.

I am looking at an 8plex with 2 bed, 1 bath each in my home town.

I’m looking at close to $2,000/mo for a 3 bed home here vs $1,600/mo to purchase a similar home, but no capital expenditure with the rental.I was extremely disappointed to loose out on the home I was buying, it was a great deal and kind of our dream home.

C- neighborhoods are not for everyone, learned about Evictions (personally handled all of the legal through writ of possession), Pests control (bed bugs, roach infestation).

@JJ BucknerHow many beds and baths does your property have if you don’t mind me asking?

I've dealt with shootings, overdoses, tools getting stolen, vans getting stolen, accidents, porches collapsing, picking up rent in cash and almost getting mugged, bed bugs, evictions... 

Purchase price: $640,000 Cash invested: $825,540 Sale price: $1,730,000 Existing single family home purchased with approved plans to tear down and build a New 4 bed 3.5 bath 2,500 sqft single family home.

The deal was $80K for a 2 bed / 2 bath 1140 sqft property.