This implies the return on this investment should not count the cost of the PM because this is money that you are earning and should be paid to yourself.  

I'm by no means suggesting this or implying it's even possible, I'm only pointing it out as a theoretical matter of fact.

@Amanda Groover My trainer and Mentor helped immensely.  

Well, I didn't mean to imply that we only had one duplex. :-)  Take a look at my BP profile and listen to BP podcast #83 to get a glimpse at what we are doing and our goals. 

I can list the address so that people will know what your contract is for but you cannot post pictures of the house or in any significant way imply you have the right to sell the house.

Once someone has left school, they usually don't want to be educated about things they aren't interested in, and for most people, the written word is just a tool, not a passion.I admit I have made a lot of generalizations in this post, and I hope people accept that I made them just for ease of communication, I didn't mean to imply that everyone reading this post doesn't want to be educated / is lazy, or anything like that!

She has dealt with "investors" who don't know what they are doing, don't do any research and expect you to many offers with no chance of getting accepted (I'm not implying this is you).

Kevin,If the furnace (implying forced air) is questionable, why not leverage the existing ductwork and install a heat pump?  

4th Step: Getting the Price DownHow to get the lowest price on a Wholesaling or Seller Financing Deal2 of my favorite real estate trainers were David Finkel and Peter Conti.

It also implies that all risks are quantifiable, which they are not.Risk is devation from an expected outcome or dispersion from a tendency.