so if this is your very first deal - i would pass.  a

I started in Real Estate investing in 2013 when my daughter went to college ( first investment was student rental), i still own that house and several others in the town, not all student rentals. i look at this as my retirement in the near future and my kids inheritance should i ever pass. As

The 20 year certification requires each of your properties to pass the 2 year dust swab tests AND pass a lead x-ray gun test. 

I would just make sure the $254k is conservative and below any other active property in the area.Even if it doesn't pass a 4-point inspection, you could still make it work depending on what needs to be replaced.

(D/I looks at monthly obligations, it doesn’t care about my cap ex woes since those pass as you catch up on them).Anyway, that’s what I’m thinking about next.

Thank you for your help and I will be looking for any duplex’s in that area that need fixed & please let me know if you come pass a multi unit under 4. 

As for this couple, I would hard pass.  A

If a city had a law on the books prior to 2014 it could keep it (but not change it), if a city had nothing on the books, it cannot pass a new law.

also if the rooms don't have closets maybe it can pass as a Studio, dinning room, ?

did anyone catch Prez Bidens comments on how he wants to pass a national rent control at 5% max rent raise ??