Wow a lot of projects on the go, I'm not afraid of hard work as it usually offers much better returns, only exception being Amazon as I probably would've made more just investing in the stock in 2013 compared to selling on the platform! 

I ended up reaching out to the seller and said I was good to stay at the original asking price contingent on him repairing the foundation as outlined in the inspection report prior to closing.

What I did see that may turn people off is the galley kitchen that has low ceilings compared to the other areas.

Properties are extremely cheap compared to the rest of the states.

If you compare my two deals, the lot that the 5 unit currently sits on is only moderately larger than the two combined lots that I wanted to convert my 2 unit to a 3 unit.  

Excellent choice in materials and I'm sure that tile will hold up very well compared to carpet, laminate, etc.

@JD Martin I don't have any magical answers here but I'm curious: How do you think the market value compares to what you are willing to pay?

I had my property in an LLC and then when I wanted to refi and take cash out,  the mortgage co. said if you haven't taken it out of the LLC at least 6 mo. prior to the re-fi, you won't be able to take cash out. 

That's different than just inflation.Appreciation is the inflation of value on something in relation to another similar good.Housing prices are going up compared to the price of lumber and concrete. 

For instance the cost of insurance there is super cheap compared to where I am.