@Bob Smith high 500's to mid 600'sOther features like a third bathroom or a heated pool allow slightly higher rates and/or contribute to higher occupancy as well. 

This home brings lots of character and tons of upgrades including: New HVAC, roof, energy efficient windows, flooring, bathrooms (with tasteful vanities and Italian plank tile), upgraded plumbing & electrical...etc.

Purchase price: $265,000 Cash invested: $42,000 Sale price: $332,000 Amazing entry level property in the heart of town. 4 bedrooms, 2 full bathrooms, single story, 2-car garage attached, large 6,970 sq. ft. lot.

Enjoy this 3 bedrooms, 2 bathrooms home.What made you interested in investing in this type of deal?

Just from seeing the pics I know it needs 2 new bathrooms. 

Bathroom needs a complete remodel and the bedrooms need new carpet and ceiling fans. 

It is not an ADU, the tenant of the apartment is legally my roommate, but they have their own entrance, bathroom and kitchenette.* I do not want to live in this house long-term, I’d rather move to a nicer neighborhood. * I am willing to do the work of being a landlord, keeping up the property, etc.

My estimations on vacancy are based on the fact the these apartments across the street will likely be occupied and a prospective tenant will see that I am offering a washer dryer, nicer kitchen and bathroom for significantly less. 

.- Bathrooms - Super dirty bathtub, toilets.Single Family Home Purchase Price: $355,000 FHA: 3.5% Mortgage: $2200Rent: $2400Comps Avg: $370,000-$440,000Rehab Cost: $20,000Is it a good Deal or Bad deal? 

Purchase price: $89,895 Here's the finished pictures of our back unit....we installed new LVP, painted all walls, painted out the kitchen cabinets and installed a tile backsplash, gutted and redid the bathroom, tore down the water stained ceiling in the mudroom and left the old wooden beams exposed, exposed old shiplap on the walls, de-did the stairs to the attic, and turned the attic into a legal 2nd bedroom.