Inherited tenants are usually a negative, however in that area leaving the duplex totally vacant makes it a target for thieves to come in and steal your pipes, furnace, and hot water tanks.

You want to know the total demand and the existing competition.  

These are what his numbers are: Value $369,000, Gross Rent $72,749, Total expenses $49,682 Net $23,067.

Unit 3: $800 + utilities Total: $2,825Expenses:PITI: $980General Maintenance: $50/monthMaintenance Reserve: $143/month Other Fees (admin stuff like LLC, registration fees, etc): $70/monthTotal:  $1,243.Monthly Cash Flow: $1,582Cap Rate: 13.5%Cash on Cash Return: 45%I appreciate any feedback or advice on this deal as I am just starting. 

I obviously have very little experience or knowledge in real estate investments but hopefully can make some good decisions for me and my family.

As someone who has only done out of state investing because the Seattle market didn't work with my goals I would say it is totally achievable and likely in less time than you are imagining.

There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.

In three months, you will have business, but too many people hire ghostwriters on LinkedIn and it's SO obvious it's not them.

Just another thought, they do have submeters that can monitor the individual spots and you could charge back the total cost to the tenant if they are assigned spots. 

If you decide to self manage and want help with other functions we can totally help out.We also buy and sell real estate (candor realty), have a repair and maintenance company (CMR Construction) (includes snow plowing, lead abatement and full fledged rehabs) If you need any of those support services please let us know.