The property has been appreciating every month and so has the rents around the area.I know that "speculating" is a very dangerous term in real estate.I appreciate all the tips and keep them coming!

I have a couple of friends who love the low end 15 to 20k stuff that they keep for buy & hold, not sure why, I guess they like to as # 2 from Austin Powers said, "I like to live dangerous."  

Many colleges, as well as poughkeepsie city which has very cheap buildings( some areas are dangerous) but over all a lot of opportunities. 

Then there are the areas a little bit more inland, that may have issues with fire danger, water, etc. 

My gut response is that you're in danger of being a general contractor.  

If you think it is a property worth looking at, dispose of the 50% and get the actual numbers.SFH rentals have the distinct advantage of not having to pay Sewer and Water.  

Buy and hold & wholesaling are generally two distinctly different strategies although Aaron in podcast 37 talks about how he weaves the two together (very well).

It distinctly states in my lease that I am allowed to do this.

I really don't understand the distinction.  

I have a distinct feeling I am getting over-charged.