Secondly, he again did not fully disclose everything and was pushing for the signature on the final closing documents, in them he has 2 seperate title agencies involved as well as a third party construction company listed as the policy holder for the insurance for the home, and the figures for sale are different from those on the sale agreement document that I did sign, with clauses included that state if the title is not free and clear that the buyer has the right to sue me for insurance purposes and to cover the silent second mortgage that I was only informed of because the title agency called me to say something was up after arranging the notary to come to me to sign the final documents (at which point I said no and had a copy of the closing documents emailed to me), and again the so called real estate agent negotiating the transaction is listed as the buyer (under the guise of being part of ushomebuyers.com, same as the agreement to sell). 

In the past with owning duplexes in Milwaukee, One rent paid for the mortgage and the other paid the property taxes and insurance. 

It's been sturdy as hell but certain things (like plumbing) were a pain to modernize for him. 

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

Yes, a water softener could help prolong the life of your plumbing fixtures and appliances.

The only defense is saving, reserves, and insurance. 

Insured.  

Only 2.14% CoC return though 😞My all in is about $4,100 which includes $180 required flood insurance.

I don’t allow smoking and my insurance company is cracking down and now requiring me to say no smoking on the premises.

Although still rare, some of these duplexes are now coming with impact windows, which further lowers your insurance and increases storm protection, so this may be something else to look into.