In the bigger rooms a double or a queen depending on the size.

.· Adding a 3rd bedroom to the 2 bedroom unit, again need town approval and will increase expenses Lost rent during work, construction cost, but would generate about $300 more a month in rent.· What about short sale?

Here are the numbers for the property, located in metro Detroit area (Ferndale):* 3 bedroom/1 bath * Rent: $800 * Insurance: $29 * Taxes: $104 * Vacancy (10%): $80 * Reserves (25%): $200 * Commercial Loan Payment: $160 * Cash Flow: $227* Out of pocket expenses: Down payment ($8,400), Plumbing/Misc ($1,500)The numbers are good, but are the numbers “great”?

Double closes and assignments have too many players and too many variables for me.

also heard some negatives for having a basement bedroom/bath.

If you got something valuable from the book, more power to you, but check and double check the advice in there before you try to use it.

Rentals run from $1000 a month to $2000 for a 2 bedroom depending on size and amenities.

If you could increase them to $200, you would double your cash flow.

Heck, if you want to pay double retail (or 10 times retail), there's nothing wrong with that either, ASSUMING IT STILL ALLOWS YOU TO ACHIEVE THE GOALS YOUR STRIVING FOR.What are your goals?

Also excellent when flipping older homes where bedrooms were usually built the same and not very big.