As Account Closed pointed out, you should have had an actual Approval Letter first, which details the price, costs to be paid by both parties and a Net to the bank.  

Until that purchase part of our holding costs was rent paid.

I got home and every property in the auction had been taken off/ cancelled and paid... ha it was a learning experience to say the least but very discouraging.

I had a duplex at one time with a fuse box and to be honest, that was not something the tenant ever paid attention to nor did it really reduce expenses.

He paid $300,000 and was able to make about $100 per month renting it out.

HI I purchased a home in a multi unit (R4), high density zone.I am currently renting the house cash flow is just $50 after mortgage payment.This house has a big workshop in the back with a high rise ceiling, brand new roof, electricity and water.It sets in a half an acre lot so I am able to rent the workshop and land for $700 a month Total cash flow on this property is $750 a monthI'd like to enclosed this workshop (it has 3 brick walls already built) and make it into a livable place.I can still rent the land and keep the cash flow at about the same amount ($700).However there's no sewer  at this house just 2 septic tanks attached to the main house.Workshop will need:windowsanother walldoorscooling and heating systemBathroom etc...I can build build more units attached to the current workshop since there's so much land to play with but i have no idea of the cost.I purchased this home for $150k in 2016I owe 143Klast month I paid for an appraisal and the current value is at $185(flooring was the only improvement at the house).Question is should I refinance and bring in sewer line, build more units or live it the way it is?

I used a FHA loan with a 3.5% down payment, from my understanding I can only have one FHA loan until the other is paid off.

She found my last property within 11 days... we paid 81% of market value.

I've since paid of my mortgage and have no slavery inducing loans to service.

needs to be paid for by the landlord per code.