I have originally been born and raised on the South side of Chicago and still visit there.

Growing up as a kid we always had 4-5 rental properties so I know that side of the real estate world, but recently I've discovered the idea of Wholesaling.

Current rents are 450 each side.

On a side note just to add some perspective - there's a decent chance you're going to run into 10k in unexpected costs within the first couple years of ownership, and that's part of the business. 

Stay conservative to keep you from getting into hot water down the road.

I recall several saying "I'm not lending in Providence right now, period" (I assumed that excluded the East Side but didn't ask at the time).No, the rental market wasn't hotter - nothing was hot.

I personally would try to use it for the next purchase if you are comfortable with that decision.Look at all sides of the coin.

If you plan on living in one side, there are factors that will most likely make a bigger impact on your numbers than the "big if"...which has loomed overhead for how many years now?

But after all, he made a great decision and it was amazingly profitable.Numbers:80k Purchase – cash 35k – Reno Roof, siding, paint inside and outKitchen cabinets and countertop resurfacedPlank floor New tile in bathroomRepair electric and plumbingHome staging 1% of sale price6 month project 165k sale price less 6k closing costs44k Profit Regrettably, this will probably be the most profitable flip I am involved with for the foreseeable future.

The numbers work but if it’s a war zone I can’t imagine many people have 1000$ a month to rent one side of your duplex are you sure you can command rents that high on an apartment?