Here's an example of what I'm talking about coming up on the November Ballot --> "Justice for Renters Act". 

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

But it will be a complete gut job, and in the end, based on the neighborhood it is in, would only sell for about $40-50k max.

Questions like this and I have tailored pricing etc. etc. based on that feedback. 

I grew up in the area and know it well.

@Maria Rina Boidon -  Your options can vary based on your current financial position and investment goals.

He said he was willing to sell and we set up a walkthrough.

While the return is still there, we ended up holding this property longer than we had planned.

Haha Hey @Jacob Pereira Sorry to get your hopes up - I spoke without thinking in my excitement to talk about 1031s and skipped over a crucial stumbling block for your dream strategy ;) Allow me to clarify:So, if you live in one side of the duplex for two years within the five years prior to the sale, then it is considered residence use.

If some happen to line up and you can do a 1031 great.