The supplemental bill is just the difference between what you have been paying, and what you should have been paying, since the day you took ownership.If your property taxes are impounded to include a correctly calculated post-adjustment property tax rate, you will receive a refund for excess funds in the escrow account the next time an audit of that account is conducted. 

DRI Title and Escrow.

Hi BP,I've done a couple of house-hacks off of MLS deals in the past, but like in most of the country, good deals on the Orlando MLS are drying up and I'm looking for my first off-market deal, non-owner occupied deal.In your opinions, where would be the best place to focus on first?

Do they have excess of indoor plants,, if so MAKE Them remove the plants, or fish tanks, or anything else that adds humidity to the apartment that's not suppose to be there. 

Recommend creating passage ways between the concrete piers and concrete runners through out the area. 2) Observed dry rot at the crawl space entrance, under the bathroom and kitchen areas.

Also, if well is old, it could possibly go dry and you'd have to replace it.

Some thoughts in random order.As @Jeff Sheraton says compare your cost on your student loan debt to your return and on a 4 plex for example, you have tax depreciation that could off set the income you make in your real "career" job and be a much better return than paying off excess student loan debt.Although do you want to borrow $10,000 in student loans and then take 5 years to pay it off and make it $15,000 - so I would probably try to find a way to pay off the $10k and save up.I know a person who was a student in Lawrence at KU who actually somehow found a way to buy a 3 plex while in college and then he lived in one unit and rented out the other 2, so he had NO housing costs while in college.  

I guesstimate approximately $35K to $45K to completely redo the roof, replace and repair the dry rotted base house frame sitting on the foundation (sills, floor joists and subfloor), outside brick repair, new drive ways and electrical and plumbing updates.The average selling price for well-maintained and updated duplexes similar in design in the area are $85K to $105K.

Our monthly spending is under control and we are trying to figure out how to apply the excess we now have - bills or investments?

Not it's not just cut and dry you can get double rent even though you're entitled to it so don't listen to me and do your homework on it.