I really hate writing big checks to contractors, but it's hard to put a price on the feeling of coming home from work and seeing a day's worth of someone else's progress hanging on the walls.  

Eventually I will replace the windows and do other things but its a working progress.

In DFW metro for example, market cap rate is generally lower in the north side since it's the path of progress.

If you want to check out a duplex conversion in progress DM me and we can meet at our current project.

I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++ psf with escalations and 7.8 years remaining.Since this deal is clearly predicated on tenant strength, one of the stipulations I requested for prior to executing the s&p agreement is to allow for a tenant interview and to review tenant financials to assess likelihood of tenant renewing. 

I'd like to start this as a service by hand first, and progress to a web based booking and payment model if the business does well and shows room for growth.

In Pennsylvania, you can apply for homestead exemption at your local assessment office and it will reduce your school property tax for your primary residential residence. 

Nobody is actively assessing condition.  

If you don't have the yard square footage, things get more complicated fairly quickly.Having been through the process a couple times already, I would recommend having Kekai's Pumping or Akamai Pumping find the cesspool and check it out before closing to assess your risk of near-term failure.

I would love to hear your progress.