20% Down on Investment Property

[Heath Watson]

Duplex available for 100k.it’s a 2 bed 2 bath 1800sq ft so each side is one bed one bath. One side rented for 550 but I believe they can definitely be raised to 650-700. the other side needs renovations. Arv I think is around 175. Probably needs 10-15k in work. I have the money to put the 20% down and I was planning on opening llc and using line of credit with 0% interest to fund the renovations and keep as rental. Or I could fund with own money. Does it sound like a decent enough deal to try and make work? This is my first real estate deal other than buying my own home. Is putting 20% and spending 20k on a deal like this sound worth it? I’m trying to think about the future so I know I won’t see investment back right away.