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Updated over 10 years ago,
Newbie from Rochester NY
Ok so I've been doing some research and finally found a property, a short sale for just over half of the assessed value. My question is what are people doing with duplexes that only have one HVAC and one hot water unit? Are you charging a fixed or variable rate per month/ tenant? After closing I will have the top unit rented with a long time tenant covering all mortgage and tax costs. This property needs little to nothing as it has vinyl siding and a newer roof only thing i will be doing is painting and cleaning the second unit to rent it. I look forward to hearing what everyone is doing with their investments and hope to learn from everyone.