Roughly 1,600 sq ft. 2 stories.The alternative is to repair, pressure wash & paint the property costing roughly 4k-6k due to the amount of labor.

Repairs will be done this February and both sides will be rented out.

Sometimes the repairs were a bit nit picky, but the clients were great.

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes. 

Even if a property does cash flow well, an unplanned repair can remove years of cash flow.

Quote from @Laura Higgs: The Roi combined for 3 duplexes after repair will have an ROI of 4.47.

Originally posted by @David Hines:I would recommend checking their comps and repair values very closely.

“What if the repairs are too much?”

Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move.