The square footage for each unit is almost identical.

The duplex is $164,500 and is one-story with 2 identical units.

The latter is virtually identical to a standard sale. 

Another words units are identical and side-by-side.

Your story is almost identical to how we started.

Rents would be difficult to come by to cover both mortgage and hoa(not even factoring in any other costs), and if we sold for what an identical unit across the hall listed for we might walk away with a small pile of cash to start investing.

At Turnkey Vacation Rentals we only charge 18% for full service with distribution on over 50 listing sites, 24/7 reservations and guest experience, revenue management, housekeeping and maintenance plus lots of bells and whistles like noise monitoring, occupancy monitoring, bank level identity screening of guests and fraud protection. 

I have a problem with forgiveness of the Premium tax credit.This is how it "works" now:when applying for Obamacare / Marketplace insurance, you lie that your income is very lowthe formula decides you can't afford it and issues you a creditwhen you file your taxes, you disclose that your income was in fact much higher, and you did NOT qualify for the creditin the past, you would have to pay back this undeserved creditnow, you get to keep itSounds great until you realize the end result: someone dishonest got their insurance for free or at a deep discount while their honest neighbor (in an identical financial situation) paid the full price for hers.Don't get me started on student loan "forgiveness" - or I will be banned :)

Just FYI ... neither the lender or the 203k Consultant should be referring or recommending contractors for the 203k project, according to HUD SFH 4000.1, due to possible conflict of interest or identity of interest problems. 

A remodeled 3/2 SFH in my neighborhood (identical sqft.) is almost $50K less than comp properties 3 blocks south of me.