For example with heat, the fuel (electric, oil, natural gas, etc) all cost differently. 

There are many more of this type of property in Durham as older homes with basements are still price accessible.To make it a "legal" or permitted duplex, the process is definitely cost and permit intensive, and in most cases may require you to use a GC or similarly licensed tradesman for parts of the project.

Seems low huh?

I don't think it's necessarily a bad investment even if your costs exceed your income in the year you're starting out.

Rather than accept an offer to cash out (offer restricted by current appraised value which because of recent vacancies was low) I chose to sell on a wrap around note.

I see for Fannie Mae, investment properties, people can do as low as 15%.I'm wondering if rates are significantly different for 25% vs 20%.

This involves finding distressed properties, using savings for down payment and renovation costs, and using investors for closing costs.Good luck!

Just think about this, every 12-15 years you live expect 40-50% more in costs of everything.

Pros: - Low upfront cost- Very high profitability (we average 23k per deal of profit) and the ROI is AMAZING- Sustainability - so many land owners out there don't want their landCons- Can take 4-6 months or so to see results- Marketing is expensive, we send mail to acquire properties.

AI can connect you with our cost segregation specialist if you have any other specific questionsGino