I honestly find landlording very boring and after many years its not fun.I also have thought of reparing it and then handing it off to a PM company and holding it for longer but dont know if it will be worth it.In this situation, it ultimately depends on your long-term financial goals and personal preferences.If you are not enjoying landlording and find it to be a hassle, selling the property as is may be the right choice for you.

@Jacob MaesThis depends on your definition for "successful" BRRR? 

Just want to see if my quotes are not too high (i know it varies by places).

So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.

I think is a stretch and it really depends on who they are bonding for one off individual Not so much.. big builder developer who is bringing them hundreds of thousands in title insurance and escrow income a year.. ( like I do on my projects) thats a whole nother kettle of fish.

Ownership and revenue split don't have to be 100% your way, 50/50 or whatever split with your kids depending on how many they are. 

I like the idea but you forgot the cost of the internet service for the router which should cost approximately $50-$100 per month depending where you live.

The legals will vary, but in my experience in my state the spouse not applying has to quit claim deed to the other that's on the loan.

Prices on existing 2 families in this area range between 1-1.3M depending on the condition and neighborhood.

Whether the “easy” project is a single family or a duplex really depends on your personal goals