If you've dealt with this how much did it cost and how much time did it take to resolve it?

There's no cost to use, and currently $25 fee for applicants. 

Living in the properties while fixing them up is a great way to build equity and keep costs low.

I don't think the two unit COA is that bizarre, you either have common areas to maintain via the COA or you have to do cost sharing on all expense by each owner sending in half.

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

Lower entry costs, 8-12% cash-on-cash returns, and lighter regs—most counties just need basic safety checks, no city-style licensing grind.

He told me that without installing a sump pump system (at a cost of $12k), the foundation will continue to deteriorate, which could eventually lead to bowing basement walls—an issue that could cost upwards of $50k to fix.The inspector asked if the previous homeowner disclosed any water damage.

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

What happens if you buy the SFH and hate renting it by the room but the cost to maintain is too much by yourself.

I’m trying to increase my presence to the local renter population.