The only thing that sounds out of the ordinary here is the water bill

They sound very knowledgeable and I am interested in jumping into the customized course they offer. 

It sounds like you’ve been doing some serious groundwork with all the reading and research, which is such a strong start to your journey toward FI and retiring by 55.It’s awesome that you’re exploring real estate as an option, even if you’re not completely sold on being a landlord yet.

I also include the proof of the payments I made on the property and the IRS seems to not be annoyed by this.2.

@Brian Fisher It sounds like this was a frozen pipe and not a pump issue. 

That duplex sounds like it has some potential, especially with your plan to live in one side and rent out the other—that’s a solid strategy.

There are ways you could do this, but it sounds like you've already resigned yourself to the loss so I won't bother.

Doesn't sound like it would be too difficult to get funded.

I am the real estate professional and I worked with hard money lender This sounds like the exact same strategy a client of mind uses in Kansas City!

@Mike Terry sounds like a pretty good argument to go after the property, I think your question is more along how to value it, and account for the deferred maintenance.