Another thing is, the sites that list the manufacture year showed that all the ones I was looking at were built in the 70s.

There was a disconnected phone line, no website, people living in motorhomes illegally and only about 50 percent occupancy (some of those people weren't paying).

One thing that we did early on was create a website for our company that laid out our corporate/MTR strategy.

Can you share your company's details, website etc?

It blows quickbooks out of the water with ease of use and I can do the class tracking that the basic $20 a month quickbooks was lacking.There's a phone app also, I just added it to my phone, so I'm not sure how much I will use it yet other than for reference as opposed to opening the website for details. 

All the bylaws, building codes and fire codes can be found on the city website.

I went to a learn-on-the-site program that our local REIA had recently.  3BR/3BA house, owner is probably in 145K after fix up (I know the purchase price, don't know what was spent to get it ready after purchase) and a handful of years later it's now worth 190K. 

Websites like Rentometer can give you a quick snapshot of rental comps in your area.Multi-Unit Strategy: If you can swing it, aim for a 3-4 unit property instead of just a duplex.

Hey @Marc Shin, I agree with those that have said to scour the sites for quality USA made furniture.We have a mix of Basset and La-Z-Boy furniture and it still looks great after 7 years.

Aside from the risk of taking on the property with tenants, you may also have to purchase site unseen which makes it tough to calculate repair costs.