My wife and I come from a manufacturing leadership and project management background.

But at least you're getting a wash instead of getting screwed.As my colleagues said, Form 3115 is not a DIY project.

It’s the easiest way to get a feel for being a landlord without the stress of managing rehab projects.

And are there certain rehab projects you avoid unless absolutely necessary?

Same as asking how much for a rehab project.

Sounds like the person you asked is projecting their prior negative experience with duplexes.

Curious, did you ever start your project? 

That trial period lets you see which method works best before scaling up.Moreover, the consistency and success of any agency largely depend on how well you follow up with your project manager and monitor the KPIs.

I am going to manage it myself, so that will add another 180 to the take home, and yes, the 175 was after everything: management fee, capex reserve, projected maintenance expenses, and I assumed 93% rented (7% vacancy per year), etc.  

Best of luck with your project!