Is this purchase a good Idea

[Cresundo Whitaker]

The Duplex I am looking at buying, rehabbing and renting out.

Ok so I have been searching on redfin and zillow for duplexes. I found this one that is in terrible condition but in a decent area. I have driven around the area and it looks like it is in the state of getting better.

My idea is this, it is only about 2 blocks from a train station a couple of miles from downtown and all of the amenities of Atlanta, roughly 2.5 miles from GA Tech and under1.5 miles from Spellman and Morehouse. I am thinking about buying, rehabbing both sides, having student housing or airbnbing on one side and living in the other side.

It is a 2/1 on both sides, I don't know how hard it would be to add a bathroom with a standing shower in addition to the full bathroom, or if I could even do that to code in this are. But either way the student housing is obviously the more reliable of the two as student housing goes. But I could suppliment with airbnb during the down times or what not.

I think depending on how well the rehab goes I could probably rent anywhere from 550 on the low end to 800 on the high end.

Does this even look like a deal that is worth pursuing. Also there is a park less than a block away and the interstate is under 5min away as well.

If anyone has any ideas how much a rehab of a duplex would be?

If my rents are accurate for the climate and the area of Atlanta?

Is this a good idea for this Duplex?