Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

If at one time the house had gas heat it may still be rated as gas.

Adding the 1 & 2 bed option is a great start, have you looked at pricing and dropping it further than your peers?

On public websites, I see some options to acquire a duplex in central Los Angeles under $550K which would require at least another $50K of work if I do not outsource most of the labor.

I have several hands on tasks that would require more than a virtual. 

The downside is that you have to share your home with a neighbor and since most of our duplexes are upper/lower configurations you will usually hear them a little - at least know when they are home.

It’s great to have you here, Brandon!

Even though I'm a big guy I bring a second person (my wife or friend) with me to talk to my tenants when I'm going to have a hard conversation.  

All IRA-related transactions must be "arm's length", in other words, IRA can't get involved in any transaction with yourself, your immediate family members or any entities these individuals own or control. 

Have done a lot of Section 8 in Dayton as well as many other markets.