Plan for licensing and inspection hassles and delays.Be careful how much weight you put into a prop mgt company's casual answers about the market.

Our agency is licensed in all 50 States so, if you do not find anyone local that is able to insure you, PM me.  

I am a loan officer in CO licensed in Colorado, Arizona, Arkansas, California, Florida, Kansas, North Carolina, Tennessee, Texas and Wyoming.

You have a contract to renovate the property (assume you are licensed) and the buyer will pay you that amount of money to complete the work.2.

I definitely recommend using a licensed loan servicer if you own even one owner-occupied mortgage note.

I'm a licensed agent so we'll just close on them and immediatley list it on the MLS if we haven't already found the next Buyer.

There are many more of this type of property in Durham as older homes with basements are still price accessible.To make it a "legal" or permitted duplex, the process is definitely cost and permit intensive, and in most cases may require you to use a GC or similarly licensed tradesman for parts of the project.

or "I'm thinking of getting my real estate license.

I'm a licensed agent and I want to work with seniors. 

You are doing a smart thing by getting your license and using it.