I recently almost had to file something that would have put a warrant on the contractor but luckily the guy came and finished the job once I had mentioned this.

Find out if there are any outstanding warrants for his arrest and if so, turn him in.

Are warrants considered a hard pass?

If you're confident on those numbers, are the duplexes (as they sit now) in a condition to warrant that rent right now?

I'm ready for the "Use the search feature" answers but I felt like my situation is unique enough to warrant a post.

I also help recover lost revenue, interview energy thieves, respond to search warrants, attend law enforcement raids to inventory & qualify the equipment present (theft/no theft) and also testify in court as an expert.

The key word is disclosure.Feedback is always warranted

As he was hiring attorney for eviction, started getting big utility bills, fines from St Louis, then a warrant for failing to pay utility bills which had been accumulating.

Make sure you are comparing apples to apples on your comp rent rates.If you are that far below, there is a good chance you have a TON of differed maintenance that will need to be addressed to warrant a comparison to other available units.

@Chuck Hupert One thing you'll want to know about BRRRing condos that makes it totally different than 1-4 unit residential is whether that condo is warrantable or non warrantable.