@Tom Gimer Okay, I see....get the lender scared and they put pressure on their policy title insurer.  

It cuts the flow of water and saves waterAdjust the water pressure on the main water line coming in the property.

Thats put a lot of upward pressure on prices and i expect it will continue to do so.

Looking back, may have just kept the wall units but central air seems to be a big draw for the renters.Future: Am looking into getting a HELOC on property to fund the next multifamily investment.

I found that , yes, I saved on taxes, but that maybe without the time pressure of those 45 days, I could have sat back and maybe found an awesome deal (instead of just a good one) , that would have ultimately created more profit for me than what I have saved on taxes. 

@Giridhara Gowdra chandrannaA - fine expensive well cared for yards and homes owned by professionals and business owners.Luxury cars B- average blue collar suburbia most homes are owner occupied and yards are in good condition.C mostly low Income people rundown rental houses lots of old apartment houses lots of old cars D VIrtually all buIldIngs are old and need some maIntenance .mostly rentals 15-25 year old cars random crIme drugs -hIgh grass and hIgh resIdents Seen walkIng around aImlesslessly F boarded up houses shootIngs no one works open aIr drug deals most everyone looks shady .Hookers rap musIc blasted from random homes and cars

For a 2/1, I received these quotes with permits 14k electric,  8k furnace/duct, 2k central air, 2.5k floors sanding/ synteko, 10k bath,  12k kitchen, $30/$50 sheet of drywall,  3k paint,  roof was about 7k, demo 3k, concrete demo/new $12 s/f, windows $250/$400 depends on brand, then GC fees,  etc. 

No disrespect to the previous reply but I think your situation is different; he was talking about multi-units (where inspections can be tricky due to tenancy) and you seem to be talking about a duplex or SFH that you can rent rooms to (apologies if I'm wrong).My point is that the previous replier aired some very salient and smart concerns but I'm not sure they all apply.

New water supply lines are nice to increase the water pressure for the tenant, but the budget may not allow right away. 

I'm from Marion, Ohio but I am currently stationed (Air Force) in Aomori, Japan.