Another example flooring  main house 2600 sf  @ $5 per sf = $13000 / 8 year life span / 12 months = $135 per month.

Examples: roof cost $7500 /25 life span /12 months = $25 per month.

Often times in New Orleans I have found not all rooms have closets.Zip Code ConsiderationLooking at Zip Code 70112, you can see that it includes areas that span from the Quarter to the Treme area.

Take an average life span of roof, HVAC, etc... and cut it in half.

Additionally, if you have multiple mortgage inquiries within a 30 day span, it counts as only one inquiry.

Your velocity of capital and how many times you could turn over that money to grown in the same 10 period span of time versus quicker projects is a big factor to look at.There are all types of investments out there.

My trouble is that a solid duplex in these areas seems to be from $4-$500,000 after looking on the MLS and talking to a couple of realtors over the span of a couple months.

If that is the case, jacking up a temporary brace that spans the impacted joists will be step one.  

If he/she will look for a job, you may not know yet the span of time he/she will be able to find one. 

Life span of 10 years.