With that in mind, I would probably pay the extra half point to get a longer payoff period, but that’s up to you and your goals.

If the cracks are superficial i would just put up some 1 inch strapping on the walls and sheetrock over it but if they are bigger cracks i would that could potentially create more problems i would fix them for sure.

You continue to manage at 25% plus you get 50% of profit as half owner?

Currently two unit are vacant and two of the unit has a long term tenant with very low rent almost half the market price which brings me negative cash flow.

For example I make a perfectly valid argument, one story house should be priced the same or more as two story, or two story vs story and a half. 

Purchase price: $45,000 Cash invested: $1,0001400sq single family that had been half converted into a top/bottom duplex.

If I could find more of these I would buy a half dozen. 

We’ve bought two fourplexes in the last year and a half to live in and rent out.

We’ve bought two fourplexes in the last year and a half to live in and rent out.

We’ve bought two fourplexes in the last year and a half to live in and rent out.