This is putting downward pricing pressure on the classes below it, as people move up for a comparably better unit at a relatively reasonable increase in cost. 

I moved here from Florida after seeing the projected growth.

I worry that it will not cash flow when I move out, so I am trying to find ways to increase the value to allow more rent- hence the turning my half bath into a full bath.Lessons learned?

Possible exit strategies are a quick flip on the MLS, the home has been moved so I think that excludes FHA financing, but a conventional loan is still available. 

great move and great tip

I haven't had any costly repairs with tenants moving out.

My Strategy:- Buy with primary goal of renting in the future- Live-in flip for the first 1-2 years to build equity and increase potential rental price Exit Options:- Refinance and rent the property, using equity and savings to buy again, move in, and repeat- Pull equity that built due to small renovations done over 1-2 years and purchase another property w/ intent to rent, staying in this first one- Sell/1031 (thanks to forced appreciation from reno)Will this work regardless of the asset being a townhome or SFH, or am I missing something? 

I do backgrounds checks that are conducted through www.Avail.co and they run them through TransUnion Smart Move. 

Additionally,  there's also quite a few many moving parts with a messy fact pattern here.

I threw in a low number for both places and now we're moving forward.