indianapolis landbank Duplex Househacking

[Antoine Pippens]

i finally got approved on a duplex i submitted for 8 weeks ago. Landbank is a long long process but the prices for homes are soo cheap. Each side is 1400sq ft but are 2 bed 1 bath. In the rehab im adding 3rd bed room and additional bath each side. Its a total rehab job only thing decent is the siding that needs painting. I am going to house hack and manage the rental side myself. The purchased price is 16k and rehab is 70k and takes 4months to complete. I am BRRRR the unit since its in what some call a rough area there are no real comps. There is tons of rehabbed properties but all are SFH. for my numbers to work i need the ARV to be 140k minimum. My lender says its 6month seasonal period but can do 85% LTV . The rent im looking for is 1000 but i know section 8 i can get 1100. Issue im having is how much of upraded materials should i use like flooring, cabinets, countertops and landscape for the neighborhood and i do plan to live there 6-10 months?