Price: $130,000 Building Type: DuplexRealtor opinion of Neighborhood grade: C+Property Description: Building breakdown1,440 sq ftUnit breakdownUpstairs unit is 1 bd 1 ba and is rented for $750Down stair unit is 2bd 1 ba currently rents for $750New electric, plumbing and roofRent Comps: $1,129 for upstairs unit and $1,074 for downstairs unitI used the current rents for the breakdown above, but seems like theres some more upside potential. 

When you have a good cash on cash from day one, it means that appreciation won't be that great.There are many other factors to look at as the neighborhood and the age of the property those are going to give you a better undertanding on future growth

I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different.

Zillow’s estimates rely on automated algorithms that often fail to account for property condition, specific neighborhood trends, and real-time market shifts.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

Let's connect and discuss your needs to see if we could be a good fit. 

Plus, as you mentioned, you could always tap into the equity later on to continue expanding.At the end of the day, it’s about what fits best with your goals.

Depending on area, coverage needs I have seen varying carriers best fit the policy needed.

In the new state where you intend to invest, research real estate valuations, trends, and neighborhoods.