Bedrooms are carpet. 

I would not add much, a simple bedroom, bathroom, kitchen, and hvac.Another aspect of this deal is that the building is listed as a historic building and thus could qualify for some grants. 

Full stop.Unique style, ample amenities, good location, great photos, solid communication, etc etc. 

Ideally, I'm seeking homes with 2-3 bedrooms and at least 1.5 bathrooms.From my research, I find Howell appealing as a potential location, but I’m open to other suggestions.

The garden unit is non-conforming but fully equipped with 3 bedrooms, a living room, and a full bathroom.

The potential NOI and cash flows seem to be roughly double what a comparable ‘vanilla’ multi-family would be at the same purchase price (such as a 3-unit apartment building).Many of the 14 bedrooms had not been fixed up in decades.

Hello @Shawn McMahonIn the area you've mentioned, $190 will get you a nice 2-3 bedroom condo or townhouse in Arvada or Westminster or a small house in pretty poor shape.  

I manage my own portfolio, and most of my 3 or 4 bedroom houses rent for $3,500+.

I’m looking to house hack my first property and walked through a couple of properties that have a fair amount of square footage but only 3 bedrooms.

Bottom line: if Ken McElroy is right (and he is “righterer” than me on REI) then my best Real Estate play is to have ample cash to buy the REO in 2022.