.: Its typical for real estate investors to hire a private home/building inspectors to inspect a real estate property before they buy it.

The property has been 30 years since it has been updated and it is in need of a renovation.

Hello @Evan Thomas Andriola - I only have one property that does not have separately metered water for each unit (a Triplex with 2BR units).

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.

There is a lot to consider before you buy your first property.  

Quote from @Trent Reeve: Quote from @Jay Hinrichs: Quote from @John Underwood: At our 3 bedroom Lake House we have both.At our 6 bedroom Pigeon Forge Cabin we have 2 drip coffee makers and don't have a Keurig.So I agree it depends on your property. seems to me coffee pods would be much cleaner and easier on the host ? 

The fact that they share a wall doesn’t change the fact that they’re independent properties.2️⃣ Provide local market comps – If no duplex comps exist, that means the market isn’t valuing properties this way.

But a really good property, for what you can afford, in a good location like Charleston and wait. 

We also own a rental property.