So, we did quite a bit of work there, besides cleaning and degreasing the kitchen literally for DAYS, we painted inside and out, replaced several expensive casement windows that had small leaks, updated most of the plumbing because it was a garish looking chrome and brass that was probably already going out of style when it was built, all new top of the line appliances, etc, etc.

If #1 is a brick townhouse or single story style with a shingle roof in good condition (for example) then it might be a better buy than a painted wood, flat tar-roofed bldg with apartments that are over/under. or if one has separately metered everything, and the other doesn't.That sort of stuff can make a big difference that doesn't show up immediately in the math

My husband is active duty and we have done well turning this life style into an amazing investment platform.We are buy and hold investors who invest in class A properties self-managing from a distance while working full time.

It might be rather long.My authoritative writing style probably ticks off a lot of people, I won't change it, but read it as my opinion based on my experience.

@Brennon Manske the correct answer to your question is going to be state specific as each state has their own laws on tax sales of real estate and the redemption periods.The gist of how it works is, anyone can pay the taxes owed on a property at a "tax sale" which can be live auction style or online (depends on jurisdiction).

His ideas are top notch, and he has great business style.

The units I am looking at now are condo style with a basement walkout unit and a middle level unit.

Ali, Charles, Care to share with others about what lifestyle design is to you, how your investment style fits into it, any tips for others, and any tips for my situation? 

It still might be good to look at just to get a feel for this style of duplex conversion.

InspectionBuyer may conduct at Buyer’s expense, a radon, environmental, lead based paint, wood and destroying insect infestation inspection of the real estate by one or more licensed or certified inspection services.