But I can't see why Cleveland would increase in value based on negative population growth and, generally, being a bad place to live.   

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

And you probably need money for living expenses.

I'd level up with a BRRRR, live-in flip, or house-hack before jumping into a challenging renovation.

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

We live right over the apartment.

If they're delinquent after only 2 months, they're either facing sudden life changes or you did not properly screen them to begin with.

Hopefully you guys can help answer this for me......I live in West Virginia and primarily invest outside the state. 

When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in). 

The couple who lived right next door to our development have an old home that they rent out- it's about 1000sf on half an acre.