We own 3 duplexes (each is 3 beds, 1-2 baths), and a 7-plex (1-2 beds, all 1 bath).Qualified companies will have;- at least 3 years experience in property mgmt.- ability to use (or learn) Buildium property mgmt CRM system- be able to provide 3 customer references (I will check them)- Have experience managing properties in the Seattle areaPls PM me if interested.Thanks to all, Micah 

How about getting it licensed as a Bed & Breakfast or Hostel?

Current Asking Price $213,500  4 unit apartment building in nice area built in 1956 (no washer and dryer in each unit), 868 SF per unit,  Each 2 bed 1 bath (Similar market rents $650-$1100 depending on quality)My Estimates      Current Rent  $615/ unit  -  $29520/yearVacancy   @5% $1476/yearRepairs & Maintenance   $4800/yearUtilities  $3600/yearTaxes   $4032/yearInsurance  $1440/yearReplacement Reserve  $1920/yearNOI = $18408@ cap rate of 8% property value is $153,150but if i get the rents to $750 a unit that brings property value to $230,000 and cash flowing $4900 per yearShould I buy for $213,500...Asking Price was $250,000 and they won't come down another pennyappreciate the advice

We just bought a phoenix 2, 1 bed/1 bath.  

Just got a call last week that they are now having a bed bug issue (not surprised after visiting the unit and seeing how filthy everything is).

The sign should clearly say Owner Financing, beds/baths, price, etc.3.

Three of the highest priced homes are 3 bed 2 bath.Scenario/Property 11Address/Name2nd Ave property2ARV (After-Repair Value)$95,000 3Max % of ARV70%4Repairs$10,000 5Closing Costs (%)2%6Holding Costs$1,500 7Other Expenses8Wholesale Profit$5,000 9Max Offer$48900Rental Rate of Return:10End-Buyer Cost Basis$66,50011Projected Monthly Income$1,200 12Projected Monthly Expenses$20013Cap Rate (Rate of Return)18.05%

Sorry to be so needy but I'm trying to wrap my head around this property and I'm driving myself insane :)Legally this is a 1 story 640 Sq foot 1 bed 1 bath home in Chester County PA.  

This idea of changing from 2 beds to 3 beds is something that I have never performed before.

Understandably when there is a 4/4 or 2/2 it is probably easier on the student and the owner since there is a bath per bed.