Hi I am a first time buyer with hopes of becoming a buy and hold investor in the future and I am contemplating making an offer on a Duplex that fits all my needs as a family man but from the numbers I ran it won't cash flow (while I live there).

Hello BP community,

I have come across a sfh in a nice neighborhood. The property itself needs repairs which after having my contractor take a look he gave me a rough estimate of $55k.

The property is listed at $175...

We are contemplating on installing a new electric boxHere is what we are wanting to do.Add a hallway (will require moving a non load bearing wall.)Add a powder room about 3 feet from existing bathroom with medium grade finishingUpdate 2 small bathrooms with medium grade finishingAdd additional toilet in master bath and move plumbing for shower and existing toilet about 3 feet. 

@Dean Chigounis, It's actually way easier than your contemplating. 

I will have extra savings due to my low expenses and have been contemplating ways to invest it, and I always seem to come to the conclusion of real estate investing.

I was looking for my first job in the Real Estate industry but I was also contemplating if I wanted to jump right into the industry on my own dime and must've come across BiggerPockets in my searches.

And I'm contemplating getting my RE license. 

@Jimmy Domer, when you're contemplating a diversification exchange (going from 1 to multiple properties) you are creating several opportunities for yourself. 

Hi there, I've recently relocated to Halifax, NS and would like to discuss larger multi-family properties with anyone familiar with the market here :)I have a small portfolio, a mix of commercial and residential, and would like to purchase or partner into a larger multi-family complex next.10 units is realistic for me, but it would be exciting to contemplate 100 units.Thank you kindly for any replies,Andrew

YEAH the pedestal sink in the bathroom was something I actively contemplated!