The piers there were doubled up to the sides so it's not going to be an ongoing issue.I'm planning on laying the tongue in groove laminate but I need to address this first, obviously.

I ran the calculations with the rent I would be getting at that location, The numbers seem to be aligning with a surplus of 100 dollars I am having mixed thoughts about these properties. 

I won't have a project lined up for at least 8 months but from then on out I will be looking for a labourer / site cleaner on an on going basis to help make the job site presentable.

I ran all of my numbers with $1962/month until I made this post.

@Nic S.Congratulations on go getter attitude.

I’m planning on going and talking to one of their loan officers about my future plans, and asking what they need from me to finance a small multi family (duplex).

Could someone see if I ran those numbers correctly and that they are correct ?.

Ongoing repairs - 12-15% of rental income, based on how recent major CapEx items have been replaced4.

Another fantastic story is another person that had 2 emotional pets and believe it or not pitbulls she went on forcefully to approve her, I ran her credit, background, reference and income all approved!

If we are able to build to back units = $4,800=$14,400/mo TOTALThe builder/general contractor partner can complete this in 3-4 months roughly based on his current projects.I have several investors ready to look at a contract, and how shares will work that don't have experience in real estate investing but are open and interested in trying.I am looking at a split of:-2 shares for myself for finding the deal and managing the project, working on construction and managing ongoing rentals -2 for hotel experienced partner for helping build and manage 6 units (has built 2 hotels, owns, and manages them in another country in a similar tourist environment, along with constructing 8 other rental properties) -1 for local builder/general contractor/reql estate investor with experience in the city in the same area with 4 projects and air b&b rentals in the area, and good relationship with city for permits, building code, and construction workers, plumbers electricians, etc etc.