I pulled over and took a photo of the sign to quickly save the info.

Welcome to BP @Bryan Chung Have you already read the Ultimate Beginner's Guide?

However the math is simple… run an amortization calculator see what the taxes & Mort payment are, and then know what a flat in that area rents for, With that said here is 2 typical examples of Albany propertiesNew Scotland area 2 family’s run around 220k, 6k taxes, 1k insurance payment would be around 1570 a month, typical rentals would be around 1300Washington ave areas 2 family will run around 140, 3500 in taxes, 1k insurance would be about 1000 a month, with rentals being around 1000 a month.So you pretty much can break even in the not as good areas, grab a roommate or 2 and you’re really cash flowing.But don’t forget about the big savings of the low down payment and locked in low interest rate when you plan on exiting in 2-3 years

Of course, you need to read The Ultimate Beginners Guide to REI here on BPIf you haven’t already, please read/listen to these books ASAP!

I want to impress this guy from the beginning, as I'm ultimately going to try to convince him to sell me (and my partners) his property. 

Ultimately, I'd like to retire from my current job in 2-3 years and do investing full time. 

I am REI newbie trying to gain knowledge and save money in efforts to reach my RE goals house hacking 2 flats.The BP community is very friendly and informative.

Just in time to save a but load of taxes when I sell my current duplex (owner occupied). 

Good as it looks, I reckon the main reason they're not more popular is that even if they'd built a traditional home on the same site, costing $100k more, it may easily have resulted in a justified $899k asking price ie. the same profit as doing it the container-way.Makes more sense for you if you're also the end buyer/occupier, saving a genuine $100k!

After all was said and done it showed me walking away with $40,107.50 (my target goal was $40,000 profit).The final numbers were:Purchase $91,500.00Renovations $73,587.97Sold Price $250,000.00After closing costs, give back and all in the profit $67,571.60So the largest area of savings was in regards to AC.