Duplex in S. Los Angeles-$300k with repairs, ARV $350-Househack

[George Torres]

Hey guys, I'm considering putting in an offer for a duplex in South LA with 2 2br/1bath units; it has an ARV of over $350k, and with rehab it will cost me under $300k. Each unit can rent out for about 1200/mo... But I'm considering moving into one of the units.

Is this a good deal or should I look further for a better bargain? Are there any big pitfalls I may be missing here? Thanks for your help everyone!

(If you need me to be more specific just let me know)

[Shannon Shue]

That sounds like a great idea and as you live in it, you will be able to fix as you go.

I live near the South LA area, so if you would like my opinion on the ARV with different levels of fixings, let me know. I am a Realtor and an investor.