It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...

I'm a very conservative investor and may look through a hundred deals a month, and at the end of the year only invest in 4-5.

Cost a lot $8000 for 12 months.

We negotiated it down from their original asking price of $1.8M but it needed to be a cash deal because the building was 50% occupied and of what WAS occupied was month to month office tenants.

Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.

Avail costs $9 a month per unit with no start up costs or annual contract which isn't bad.

The fact that you  already had two closings in your 1st four months is amazing.

The property has a massive 900+ sq ft attic with very tall ceilings that would make a perfect 3rd unit potentially grossing another $1000 per month. 

I currently don’t own any properties but I hope to buy a duplex in the coming months.

Do they take up much time each month?