I'd imagine since everything would be brand new and my father and I have been doing renovations on houses that it wouldn't cost me too much to turn the downstairs into a couple of 600$ a month apartments.

I like the neighborhood and area where the duplexes are located, and I can imagine myself possibly living there in the future.Is this a decent idea?

.* Less likely to break down and need repairs* Will cost about $2K to replace - and I think could add much more (I'd imagine $6-10K) to the appraised value.Is it worth it?  

My units are under 400 sqft each, so you can imagine how important every sq in is in my case.  

I imagine this was a full time job for them?

I imagine you purchased in the top of the Bubble.

I'm offering this furnished, for two reasons, the first being it is very hard to imagine living in the space so small so this helps and second, after talking with another landlord on the block it made sense.

Can't imagine you'll find much better rates than you currently have.

I can't imagine there being any norm or hard and fast rule on this - I am curious what others on the forum respond with.  

Imagine that you are starting a business and it's head office will be at this property.