Being new and not knowing the Madison market well, I could use the guidance.It seems to me that being a 1/1 duplex, if I ever needed/wanted to sell, I might have a very hard time.What I do know (And this is off the rental flyer that was passed on to me):Rent: 865/mo/unitUpdated/Clean Property - from the pictures it looks newly renovated or well kept.Large living roomhardwood floors throughout, ceramic in kitchen.Off street parkingNeighborhood Park NearbyLocation: Near East High SchoolAgain, I haven't talked numbers whatsoever since time didn't permit, but before I call to get more info, I'd like to get a good idea of an exit strategy.

But it does have pretty graphs and pictures!

I think I understand the big picture but all the smaller details involved are where I worry.

I have a family friend with a similar sub meter situation on a triplex and he pays a neighbor boy five bucks a month to ride by the property and text him pictures of each meter.

Based on the pictures, there is mold in the basement.  

I'm thinking that meeting up with someone established in the REI world and seeking to understand deals in motion will help me wrap my brain around the A-Z of how deals get worked.

The auction only depicted the front of the house, and no pictures of the inside (was probably too hazard to take pictres inside) .

If there are repairs need to be done take pictures before and after and provide the tenants a list of repairs along with receipts, just in case they sue you.Joe Gore

It's hard to tell just from pictures but $65,000 in rehab seems like an awful lot for that size house, especially as a rental.The house I just did was very similar in size, needed full cosmetics, foundation, new roof, new flooring in every room plus a bunch of plumbing and gas line issues and the rehab was about 30K.

You can take a picture of any document and it'll make it into a black-and-white PDF.