I would do a QSP at lowes to see if you could get a decent discount.Also a strategy I’ve seen is to have a black/stainless steel and then just a regular black dishwasher, may save you a couple hundred dollars doing that. 

Purchase price is $161,000, I have looked at the property and it is in good shape but will need some updating.

They can be very helpful to keep your transaction moving smoothly.Everybody who is doing this regularly has had a first transaction.

I buy from people in this situation regularly.

Will you have to update anything prior to renting or selling?

I know facebook keeps updating and making things better. 

If you're interested in new construction, you may consider getting in very early on in a newer community near Samsung to get some of the benefit from the regular price increases moving forward while they continue to build it out over the next year(s).Of course, all that depends on how the rental numbers look for you in each area. 

Vast majority of folks i've encountered are regular Joe's who have a handful (or less) of properties.

He has recently approached me about a buy and flip deal that is currently off market, and he says this will garner an easy profit  of $25k after doing the necessary updates.

Our plan B is that we're prepared to update both units at the same time should both units become vacant, and if you're not ready for plan B it might be easier to leave the rents where they are.Cameron