Pros I can think of: - higher rent rates (renting by the room) - saving cost and time on upgrade - easier advertising Cons I can think of: - high turnovers  - limited screening - possible wear and tear  

Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.

I could probably rent it for $750-$1000 per month over what the standard monthly costs are right now (not including vacancy, maintenance, management company, etc).

Your difficulty and cost will be based on many factors.

Purchase price: $252,000 Cash invested: $65,000 PP 252k5/5@ 5.75%Rehab cost- 20kARV 350k-370k What made you interested in investing in this type of deal?

So, does anybody know any resources that I can use to send mail at lower costs?

Rebuilding cost by the insurance= $600kNow logically speaking, FMV should be >= Rebuilding cost. 

The calculator alone is worth the cost of the membership to me.

We are hiring some contractors (roofing company, mason) that will cost more that $600 for repairs.

I am just decently known in my space so people just click on my links.So $3K/month... corresponds to 15 HOUSES.If each house would cost you $400K, that would be a $6M investment, just to get $3K passive income?!