my younger sister lived in Savage MN. 

My wife's mom gifted 50% of her home to my wife's sister 20 years ago and kept the other 50% in her name as it's her home.

My fathers parents lived in one unit and his cousins parents lived in the other before passing it down. it is not separate condos and my sisters and I are the inheritors, my fathers wife has no children.

Keep in mind your contractor has to be +/- 10% Here is a rational scenario where it takes 6 months to close a fully occupied 3 flat: 6/1/2020 - Bethany has analyzed 500 deals and is under contract with a distressed seller in the up and coming Humbolt park neighborhood6/15/2020 - It takes 2 weeks to coordinate a showing in all three units with contractors and HUD consultant using Paul's spec sheet7/1/2020 - Bethany gets 3 bids back but notices that one bid was high because the contractor noticed water damaged floor joists which need to be replaced. 7/15/2020 - Back in the unit with the contractor and it turns out we will in fact need to sister in a couple joists.

My husband owns a house that his sister is renting from us in Baltimore city.

One unit at $1400 has new carpet and paint a few months ago, so mostly just the second unit since they have been there for years and would need rehab.4) Neighborhood is full of duplexes and a mix of folks, so some risk there in terms of having a potential bad tenant.5) I have not seen any other duplexes on the market near this area under $400K so it seems like a good deal for the shape that it is in compared to bordering towns Sisters and Bend which are higher cost and in poorer shape.

I didn’t have many friends except my sister and my brother.

Some structural issues also need attention (sistering 3 joists in floor due to old termite damage - no active termites)10.

My sister and her husband own 3 units in NE Wisconsin, all of which they manage, and all of which cashflow.

My sister has written copy for websites previously.