Actually I had cracks on the basement wall as well.

You could quickly run into a DTI wall. 

I had a quick call with my CPA about what I can or cannot deduct if I purchased a duplex for $600K using 100% under a 30 year fixed VA loan.

I am thinking of purchasing a duplex as a vacation home in another state.

That being said - he did mention the roofs are new (the quad is made up of two top/bottom duplexes) and appliances are newer, so sounds like information forthcoming when favorable to a sale. - The area is not bad at all in terms of crime, etc, but is surrounded by low income projects and other types of modest housing, so don’t know if a reno/flip would provide the income that would make the project worth the time. - For buy/hold - this area has many section eight and the new owner would probably have to be open to that to limit vacancies. - it’s wood Construction and the current owners seem to have had issues with termites, as they’ve fumigated, which includes tenting and removing tenants - expensive procedure that could significantly impact cash flow.The agent I worked with to get this info is excellent and has worked with investors before - pm me if you want her contact.Good luck!

For my first deal, I am looking at a duplex or four plex for house hacking to get my feet wet. 

The $150k wholesale was a duplex in Mountain View right across the street from google.

Home is in Metro Denver area, an up/down brick duplex with attached one car garage for each unit, decent size yard with mature trees.Really cute home that I immediately fell in love with.What I am not in-love with however, is the potential structural issues that come with this home.Thus I ask, “How can I move forward with making an offer on an investment property with evident cracking?”

Is it ok for me to use a loan or low-interest credit line of my own to pay the mortgage on the duplex before I get renters in it?

@Dorothy Ma If I read the zoning correctly, this particular block can only be duplexes limited to two stories.