The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

I’m not sure how many of the previous responders read your post because they didn’t even ask obvious question number ONE….1) How much of a capital gain will you have?

Also have made it easy to see if you offered a certain amount, or changed your rehab budget, how that would affect your return. 

But I know it would make a good MTR, and managing it from next door would be easy peasy.  

Tenants may complain about your method of calculating how much each unit pays.

No one knows, even the people saying they know might not really know. 

If you are a current owner, you are going to love these statistics:Median List Price= UP month over monthMedian New Listing Price=UP month over monthPrice Per Sqft=UP month over monthAvg days on Market=Down month over monthMedian days on Market=Down month over monthInventory=Down month over monthI don’t know if it could get much better for sellers!

With rehabs you want to know enough about how houses work to manage the tradespeople.

And how much would you have spent in time and money to even find a deal?

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.