After that you'd be free to move back into your single family home property if you so choose. 

Watch this short video for a quick walkthrough.

So here it isCash price:  $556,000Owner financing market terms:  $611,111Owner financing favorable buyer terms: $666,667Classic mistake of (1) not accounting for all expenses that determine cap rate and hence ending with higher net income and (2) choosing lower cap rate appropriate for property with less risk and more desirability than subject property   It's not a sellable business.

There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.  

Regarding the deals you see listed after 2 years, sometimes investors choose to take advantage of the appreciation they've gotten and move it elsewhere.

I choose that market due to affordability, potential cashflow and cash on cash return. 

Please send me a DM if you want me to pass those along.How did you choose that geographical area being your profile says you live in another state? 

With interest rates climbing gradually and the "potential" for a recession, the need for housing is still at an all-time high and people are choosing apartments for several reasons.

I recommend 2 Queen beds (King if you can) over choose two twins.  

On top of that, I watched Zach and Rick’s videos, which are great resources and completely free.