Originally posted by @Adam Craig:We listed a property at 137K.

The house was originally a duplex, but the city enforces a rule that a duplex that sits vacant for 12+ months in our zoning district, then it will be a non-conforming use and thus must be converted to single-family. 

Originally posted by @Mark Nickoson:So when they ask these questions how do you keep from laughing? 

In my area most homes were build 2000 or later, so we really dont have to ask about when the plumbing and electrical was upgraded, or if the roof is original. 

Originally posted by @Deven Wolfe:I'm In Washington State, prices are pretty high right now, and there is not much inventory in the aria I am looking.

Originally posted by @Jonathan Partsch:@Nancy E. and others,With regard to keeping the old sink: I am going to be extremely close to my max budget on this, so I am looking to cut costs wherever I can.

(I'm originally from Redding, CA and due to the fires, etc.

hey jordan, i'm from st. louis originally and got lured back last year after a couple years in toronto. my wife and i are new to investing, close on our first property (a little sfr in the shaw neighborhood) in a couple weeks. we're in the same ballpark you are in terms of targets. we've been monitoring duplexes pretty closely for a couple months now, and it seems the market for multi-families in the neighborhoods you're hearing about (tower grove south, tower grove east, fox park) is very competitive. university city and clayton might also be areas to consider (near washington university and on our train line). i'm a newbie to investing but an olbie when it comes to stl, so i'm happy to answer questions you've got to the best of my ability. 

Originally posted by @Juan Barreneche:Hey Arsene !

Originally posted by @Benjamin Ulloa:@Jay HinrichsI have flipped a couple properties this year.