Tell him it's time to do a remod and as a business you hope to market the place at a substantial increase.

If it’s doable financially I’d recommend the duplex.

You'll find fix n flips will have increased margins in the Cincinnati area.

Quote from @Tom Server: I beg to differ @Nathan Gesner, about the financially disciplined.

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If you have gross income of $3k but ongoing bills of $1800 we know it may cause a financial hardship so that reflects in our scoring system.Hope this helps, but in my experience an interview is:a.

By BRRRRing, you can achieve your goal of acquiring four houses with minimal effort and financial strain, allowing you to shift from buying to paying them off.

The honest answer is to be on the safe side, the property you're referring to: GC524550 2811 SW ARCHER RD, #V-177, GAINESVILLE, FL 32608 in the Brandywine neighborhood is one of the condos that are not in a good financial situation.

Part of that is adding additional cost for increase in building products. 

Is there a certain amount of savings or financial cushion that experienced investors recommend before jumping in?