I found a duplex on the market for 225k Both sides are renting for $975 a month Taxes $2951.00SqFt 3,662Year Built 1980Acres 0.288

Would you think that the HVAC side alone is enough to provide value to investors as a proof of concept?

I'm also being told that the rate given to me is on the higher side because1) it's a multi family investment property2) It's a smaller loan@Jason Torres, was your loan along the same lines?

I'm hoping I can merge that knowledge to help jump start a side hustle in Real Estate investing.

On the side of building a portfolio of investment properties in the future, I'm evaluating getting a job in Real Estate too because I'm passionate about the industry and because it can be a path to learning as much as possible about Real Estate generally while earning money, save, and then invest myself.I think it's Ok to ask for advice here, so here it goes.

The remaining $47k is a bunch of other stuff like new HVAC, sewer lateral, electrical, chimney removal, siding, water heater, relocate gas meter, etc.

Im looking for methods of marketing that are practical and effective in the hot market of the Bay Area (Santa Cruz) where average homes are $ 900,000's or more!

I'm a young entrepreneur, 22 years old doing e-commerce and marketing as a side hustle.

Hot markets may also be the most competitive forcing you to be less profitable as expected.

Some relevant financials are below...any help from the crowd would be appreciated as if like to explore this and do a 1031 in two years.Current rent - $850 Current property value - $75kishNo current mortgage Located outside Houston and appreciating at around 4% a year If tenant moves I'd do maybe $20k in renovations to update kitchen, floorplan and exterior siding but house is functional