Purchase price: $50,651 Cash invested: $40,000 Single Family 4 Bed 2.5 Bath, 2500 SF Single Family What made you interested in investing in this type of deal?

Now it's a great 3 bed, 1 bath single family rental.

Purchase price: $95,000 Cash invested: $10,0002 Bed / 1 Bath house near a college campus.

Look at all factors between comps: square feet, bed rooms, garage, upgrades, etc.

Try and find another duplex of same bed,bath rentals in that same neighborhood thats for rent, act like your interested and go view them to see the updates they have at what cost of rent they are demanding. 

Type of house - 1 Bed or 3 Bed - SRF or Condo etcType of guests - Tourists or businessYou can make 2 x the rent but you have to factor in the management and cleaning, remember you are in the hospitality business not the rental business.I looked alot at doing that with a couple of condos but the HOA and the parking and the gate access seemed to be an issue.

These can be selected property criteria size, single/multi/condo, beds/baths, age, etc owner criteriaowner occupied / Absenteeage - seniors often ready to downsize or transition to assistanceFinancial Stability Scores (FSS) find owners likely to be struggling financiallyCongratulations on your first of hopefully many deals!

For a SFR, combining all beds and baths ARV would be $390k.

For a SFR, combining all beds and baths ARV would be $390k.

So, I currently work in Sales (Sleep Number mattress company.)