Additionally, we repainted the interior of the house, giving it a fresh, modern look.

There are two separate issues here: one is combining your personal and business banking which can complicate filing your taxes and is generally frowned upon.

Main thing for you is: - Have both you and your buddy talk to the same lender and get pre-approved to understand down payment options and what your combined budget would be- Decide how you want title held (joint tenancy or tenants in common) - do a google search on this to see which option is best for you guys- START SHOPPING!

Vintage charm and modern demand. 

There are seasoning periods which means you have to wait if you want more cash out if the property because of property improvements, time passed or a combination of the two factors.

The ducts work, they just aren't modern.

@Chris Seveney finally a thread that helps justify combining the topics of tax liens and mortgage notes on BP, ha. 

Unfortunately most investors believe their excel spreadsheet will provide all the answers but I recommend combining your pro-forma with a greater emphasis on physical interaction with the properties and more importantly neighborhoods where you decide to invest.

That's typically where you'll find a nice combination of the better school districts, sales prices, and rent prices.

Most people wouldn't even recognize that this shower is ADA accessible it would just seem to be modern and no curb.