Property Managers aren't exactly cheap, but if you find a good one, they are worth heir weight in gold. 

That means you will have load bearing walls on the inside. 

People don’t often weight the price of what your giving them in their head properly, that’s just social science.

The local market is also facing a housing shortage and loads of people from NYC, other parts of NJ, and PA are moving to the area fast as its close to NYC ~ 25 mins by PATH train and a lot cheaper than the $2,000 and up rents in NYC.

.$219,000 pp (that is asking price, I understand I should negotiate)$ 60,000 repair cost (1/3 the duplex burned down to the foundation. the other 2/3 was cleared structurally and livable)$275,000 resale (based weighted on a comp, same size, same quality 2 blocks away in a similar neighborhood as well as lightly on the few others in the area I could find)$279,000$ 2,500 rental income /month ($1250/unit)$ 125 maintenance/month$ 125 capx/month$ 125 prop.

Meaning I will put down the downpayment in exchange for using my partners credit and income to get the load.

Much appreciatedIf Landlord is already charging rent with load factor + allocated taxes & insurance.Can the landlord charge allocated common area expenses on top ?

That is not a responsible way of operating your business and you need to inform your tenant of this.You better load up on gift cards and increase your repair budget.

I already checked out the gyms I can join, so my week will consist of work and lifting weights.

You just want to make sure you can service the debt load.