For example: Available cash, credit, skillsets (construction background, finance, etc), time available.Once you determine a course of action, there is ample help right here at BP.

It has 2 bedrooms/1 bath I ran the numbers through the calculator and the numbers work out to be 16% Total ROI, total cash flow $5343/yr, considering 8% vacancy and the (choke) $225/mo HOA.

My advise is to start small, perhaps pick a bedroom or bathroom and try out the contractor on that.

My lease states two people per bedroom max anyway.

:)If you have a 4-bedroom house, you probably want to look into a 50-gallon water heater.

Thanks to these jobs I'm able to afford a down payment on a brand new 4 bedroom single family rental.

Rent would be about 1800 for one unit(4 bedrooms1.5 bath ) and 700 for the other(1 bedroom, one bath) , totaling 2500.

I live in Washington DC, and from what little experience I received from my mentor before he died, it seems impossible to find 1 bedroom units that aren't falling apart or in an extremely high-crime neighborhood for less than 200k.

Only thing that bothers me is two Bedroom. 

Our friend is putting a bid on a house there as well.I guess bottomline is, where in SF can you get a remodelled 3-bedroom house wiht nice backyard for under a Mil?