. $50k gets you the house but leaves you very little room for value add. 

The covered majority of the lost rent.

WE have done quite a few of those over the years with some pretty spectacular returns..

It generally is by area plus of course your location.

Hes done the same to us and beat us out of money also.

Purchase price: $65,000 This property was purchased for $65,000 and it was my first out of state deal.

They also passed a state law that any R 1 lot can now be a duplex but this has not moved the needle much duplexs of new construction still cost far to much to build given land cost and building cost to be quote un quote affordable.

I don't plan to ever move the property, and I want to keep it as a rental as long as possible.Thank you

Quote from @Robert Quiroz: Quote from @James Hamling: @Robert Quiroz I need to correct your notion that the MFH is "better", as is stated in a manner that seems to be a type of state of permeance. 

If you had a mold remediation company do all the work and mitigation, send the threatening party the reports and clearance.