Its A class in the upper mid west..

But there's no body of case law indicating that to be a concern.

This is my first time and I'm buying a fixer upper that needs a new compressor, roof and a total kitchen remodel.

They request interior pictures and a walk thru.The Upper duplex is a single unit with the kitchen & living room on the 3rd floor and the bedrooms on the 4th.  

I'm considering a fixer upper to retain as a rental but need guidance on how to pick reputable contractors.  

We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?

What is your price range for the small MF and are you looking turn-key properties or something along the lines of a "fixer upper"?

A lot of young professionals like this area so furnishings should be modern and "upper-middle end", if that makes sense.

I would recommend starting with some fixer uppers if you don't have any experience with that.Good Luck!

I bought the main house as a fixer upper and forced a modest amount of equity prior to the construction of the ADU, I did not incur a negative equity position.