For example title shows 2bed/1bath; however it's remodeled into a 4bed/3bath and of course the property is sold as is.Price seems to be listed as a median price and sounds like a potential investment property.Advantages?

I do have some fairly solid construction/remodeling experience which I hope will help me get started in the business and save me some expense on rehab deals.

Do you know how to do repairs, remodels or would you need to hire it out?

If you have your property inspected by a licensed lead inspector and their report determines lead is present you have 2 options (assuming you even want or need to delead).. get certified to handle the lead abatement yourself (not the route I took) or hire a licensed deleading contractor (there are also certified lead remodelers and other classifications of people certified to handle deleading).

(however, we have some pretty good knowledge about general remodeling/construction)..

However, i'm not that concerned either because i've done most of my own maintenance and light remodeling in multiple homes i've owned.

B) remodel - like new condition?

This duplex was our first full gut remodel, new windows and all.

I have been a residential remodeling contractor for 40+ years.

I've got a remodel I'm doing that has an old brick foundation.