Look for a location with low crime, then look for the neighborhoods with the best schools.

While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.

Would it generally be a location that tends to have a higher cost of living? 

In the future, I’ll factor in contractor costs more.

If your experience has gone downhill since the merger, it may be worth switching to a more proactive manager—even if there's a cost involved.Before making the move, ask the new PM how they plan to improve visibility and fill your vacancy quickly.

A CPA who specializes in partnership issues can also likely talk through these issues with you.3) Depending on the size of the deal - Keep It Simple - the number of really complex agreements that come across my desk for a $500k property is crazy, and it ends up costing as much to do those tax returns as a comparable $5m deal

Can you give a cost breakdown?  

Its a great situation for anyone with a part time job or that has their own business and wants to keep expenses low!

@Jonathan SniderFannie and Freddie do have LLPA's and the lower the down payment, the higher the cost.

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.