I am making renovations to make it appealing to prospective tenants and keep my wife happy in the mean time.

That stinks.What about this deal appeals to you?

Recent update in the news about an appeal finally being cleared.  

At this stage, the tenant filed an appeal after the initial court hearing which my property manager said was ruled in our favor.

If the net, after-tax return is still 2% better than the other investment, it might be worth taking on the additional administrative burden in exchange for a higher rate of return.Of course, if there is an equally appealing investment that does not have the tax exposure, then the simplicity factor that creates would be a checkbox item in favor of that investment.

This makes my offer more appealing than someone else's - or allows me to discount the purchase price without impacting the seller's net proceeds. 

Basically tons of resources to be better self-managers as an alternative to giving up 10% month over month of their investment which should be even more appealing when selling the unit.But once again, I'm looking for advice, so I'd love for you to poke holes in any logic or give advice as to how to position these pieces best.

I would think a duplex would appeal to more people then an apartment and would expect the cost to be higher for the added privacy. 

The appeal of a flip and potential for a quicker lump some return is nice but the long term of the rental has just as much appeal for the future. 

I just dropped off my assessment appeal to the City of Wyoming on Monday.