Also are the rooms big enough for the beds.

If its a generally good neighborhood, it should be fairly quite as honest people are typically in bed at this point.

There is a severe shortage of 1 bed 1 baths in this area.

Well, before I head to bed, I would like to a make post and congratulate BiggerPockets and its' members on reaching such a milestone!

., one large room with the bed right next to the stove?

The total rehab cost needed is $5,000-$7,000.The property will make sense either as a flip or rental, but my biggest question is that the HUD has the property listed as SFH with 2 bed/1 bath, when it's actually 2 units with each unit 2 bed/1 bath.

Tell me what would be your highest price based on this:Home is a 3 bed 1.5 bath built in 1967.

I looked a little online to see if I could find rents in that specific area, I found some rents for 5 beds there at 1.2k and 1 beds at 700, depending on the amenities and what utilities are included you may not be overpaying by much.

I am looking at REO's in Florida and there are many 2 bed 1 bath homes with not much work I can buy for 20k.

Details below.3 Beds / 1 BathARV = $35,500Repairs = Less than $5,000Currently rented for $650 a monthAgreed upon price is $16,000Just spoke with the seller on the phone and I initially offered $18K for the property.