I've read several different places that $30-35/sqft is a good starting point for a gut job flip and $20/sqft is a good approximation for a moderate flip where some systems (roof or ac) are ok, so depending on condition, I'll multiply either $35 or $20 x (2/1 house sqft) and then add $50,000. 

On the other hand, it can fund moderate renovations, it seems.

I work as a field property claims adjuster and I have experience in estimating restoration damages on jobs of low to moderate complexity as well as extremely complex claims up to 100k+. 

Quicken and QuickBooks will work for small-moderate portfolios.You may also go to the Tools tab and click on the File Place.

I usually recommend that out of state investors do not take on large projects until they are confident with their teams, but I have plenty of CA clients who have purchased moderately distressed homes and put a $15k remodel in.

The fire incident report says that it was oil at the stove that started the fire and added "alcohol / drugs" as a human factor.

depending on the LTV requested, your credit history, your real estate resume, and the desirability of the property being financed, you will pay a moderately higher interest rate to a much higher interest rate, with shorter term, more points and fees, and variable rate interest. 

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I feel I live in a moderate area and to find a true duplex like you stated vs a converted the asking prices are usually 150k-200k which would bring in 1000-1200/ month rents per side.  

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