In Oakland, dilapidated structures can get by with a bare minimum of state required maintenance for decades.The very policies that are intended to protect tenant rights, over and over and over again, seem to backfire, helping only tenants who stay put for decades, and in some cases who maintain a residence at thousands of dollars below market in the rent controlled city while also living in another location.

.- It barely squeezes out any money per month. 

They are so flimsy they barely make it through the delivery!  

. $30k is probably barely enough to let you buy a flip if putting 20% down.   

That's the reason why despite 66,000 duplxes, there are barely any on the market (about 120 listings currently excluding the hood) - the reason is simple, you are basically an idiot if you are selling your duplex when you buy another house.

It would have to be a home just barely worth $375,000 or greater, and would hopefully cash flow.Or we could go for two single family homes, less expensive, and put $70,000 down on each. 

Your price barely meets this minimum criteria, so it is not a discount.  

You can probably search the bigger pockets website for attornies that work with investors in your area.If the numbers on the deal barely meet your investment target then consider hiring an attorney to work with the estate and see if you may be able to get an additional reduction in price.

If this is the case, don't be afraid to do the bare minimum to get the space up and running, and then add items as needed over time after you have some rental income to play with.However, if you are planning on transitioning these to STR's in the future though, I'd definitely recommend getting as close to fully set up as possible before launching. 

The number is ticking up but Ohio is still fine in vast majority of cases - anything over loan balance of $110,223 (2024 limit) doesn't apply - since most DSCR lenders have minimums around $100k loan amount, barely affects thingshttps://com.ohio.gov/divisions-and-programs/financial-institutions/consumer-finance/guides-and-resources/loan-prepayment-penalty-and-adjustment#:~:text=Effective%20January%201%2C%202024%2C%20no,loan%20of%20less%20than%20%24110%2C223.