It is not investing it is simply speculating on appreciation.

Speculation is another word for take caution.

(I lived in two duplexes and turned one of my residences into a duplex as I was building my portfolio and those were mostly 1% deals)  If however you think the appreciation on that property will be far faster/higher than others expect then it might be worth a leaner deal at 1%, but appreciation plays are mostly speculation/gambling.  

Account Closed$400K for a condo ... here on the other side of the country, there are several places I can get a 6-12 unit building for that amount ;-)5 - 10% is not enough margin to even consider for a flip ... you would be better off speculating .... buy a condo, live it in for 6-months in the hopes the run-away-train keeps picking-up speed and the sell ... as risky as that sounds.Alternatively, you could find a partner in another part of the country and invest for cashflow or as a money lender.

All you are doing is speculating on appreciation.Right now your tenant problems are a insignificant nuisance.

Why speculate on the roof condition?

I would recommend first finding out what it is worth, the rest is just speculation.

I would get repair bids from contractors rather than going off speculation, plus you look more credible.

This is speculation because no one knows how much leverage is in the system.The other place you will find supply is through AirBnB.

As time goes on, I feel as if I am going to undergo an ample amount of stress and headache dealing with paying for the utilities as tenant remorse for heavy usage is slim to none.I have contemplated on selling the property to an investor who is apt to dealing with single metered MFH, but that's still in speculation, given that rates are much higher than months ago.