I purchased a Home in SC as a second home and the taxes are through the roof.  

Prices are through the roof in this current market with low inventory and single and multi family properties just don't pencil out.

I was interested in the finance and legal aspects of operating a multi-state buy and flip equity fund.

This is my first time and I'm buying a fixer upper that needs a new compressor, roof and a total kitchen remodel.

after seeing all the risk management/insurance that comes with tenants wood fire usability, I was wondering the same, or, actually:   I'm thinking to seal the cap on roof and run a cord putting an electric Infrared heater fireplace in there, so they can still open the glass and get heat and watch TV over the mantle, but can't burn anything or have any flame.  

What's the life expectancy of the roof, paint, furnaces, water heaters, etc.?

New drywall, mechanicals, windows, electrical, roof, siding- essentially new from foundation up. 

https://therentalgirl.com/tic While these are primarily Ownership oriented, I hope you will find it helpful in managing the "shared" aspect of your rentals...

And take the roof off and build up.

Details on the duplex:Price: $385kBuilt: 2012Size: 2674 sq ft (1333 each side). 2 story, 3B/2.5B each side w/ 1 car garage & driveway for both, fenced backyard both sides.Interest: 5.49%PITI: $2,698Current Rent: $1,350 but could be brought up to ~$1,600, maybe $1,700Yearly Property Tax: $8,340 (I don't pay any on my side while I live there so $4,170)Upgrades: Vinyl floor in kitchen of both units, new AC (central HVAC) on vacant unit, roof done 2016.