Long term its not a great cash flow property but with some renovations and addition of a parking slab I think long term appreciation is the big goal here.

In almost all investments, you should have a solid base of reliable, cash-flowing, and hopefully appreciating assets before striking out into something new or riskier. 

But if you are an OOS rental simply for the cash flow, you will likely be disappointed.

Renovating a duplex can boost cash flow and long-term wealth.

IF you plan on going back someday, and this is the home you want to move back to, then renting it would be a good idea as long as you estimate that it will cover itself, or preferably, cash flow, which it appears that yours will at @ $2K or so per month (after expenses). 

It's eating away every bit of cash flow from the property and then some.Both units currently have baseboard heating - which I've heard can be on the more expensive side of heating options - but I'm not sure if this amount is realistic for the area, or if there is a better heating option that I should look into for a reasonable cost.

Currently cash flowing about $625/mo with $85,000 in equity Lessons learned?

I specialize in working with other investors to find great deals that meet their cash flow and appreciation goals.

But once you’ve crunched the numbers and found a good cash-flowing rental property, if the numbers make sense, I encourage you to dive right in.

This is about the rate of a faucet(w flow restrictor) running 24 hours.