If the inspection reveals no other problems due to that crack, you'll want, at the very least, to fill it in by injecting with epoxy or grout to keep water out. 

As for now, we have our hands full putting some sweat equity into the duplex and continue to look for additional properties to buy, whether it's a buy and hold in Norfolk or a flip in Virginia Beach for a cash injection.

I should be able to sell both properties for about $650,000 combined after putting in about $100,000 in renovations in both homes over a 4 month period.Thanks in advance for your advice.MikeTERMSCollateral:  First Deed of Trust on said properties and Assignment of Rents 25% equity injection requiredAmount:    $300,000 (approximately).

@Steve SaylerIt seems like a bad idea to inject the uncertainty that the government might retroactively change the tax status of any investment at anytime.Seems like a great way to get people hoarding cash or investing in other countries.As for only listed investments in an SDIRA that can make sense but not sure how to make it work for real estate.

This is something unforseen that happens with a property and you need a fast capital injection so it does not become unstabilized.So there is no absolute answer to what you are asking.

Matt, as a California resident maybe you can shed some light as to why there is such a huge capital injection from California to Dallas, but not to Atlanta.

Mainly due to the fact of the new mortgage you put on it.William - this may not be the most popular post in the thread, but injection of a bit of intellectual honesty into your thinking should illuminate the fact that there are cycles in the marketplace, and what worked 3 years ago does not necessarily work today.There are one ofs, of course, but this may be an obsolete strategy in your marketplace in 2017.

It allows a 10% down payment/equity injection at a time when many commercial lenders require 30% down.You can finance manufacturing or Green Building projects up to $12,000,000.

Happy to inject my thoughts as at my core I am a marketing & branding guy 1st & foremost. 

And to help new investors go big or go home because the only true learning comes from doing...We also own a medical spa in Charlotte, NC where we do pain free laser hair removal, other cosmetic lasers and Botox.