As for gray areas in contracts, the courts will almost always find in favor of the party who did NOT write the lease.  

No, we are not interested in duplexes at the moment. 

If anyone is in need of a better business banking experience? 

With $170k to deploy you most likely will have that all in one, maybe two deals, if it doesn’t go well you could end up way worse off.That said, if there are other factors like the property is a huge pain to manage or you are worried the neighborhood may actually get worse or you know you need a new roof in a couple years, then I’d consider selling.Also, even though you said it’s not a high appreciating area, do you think 1-2% is fair?

In fact.

The pipes have to be dewinterized so I would have a plumbing professional there prior and when the water gets turned back on just in case.

Hello @Luis Herna,In this scenario, the buyer should provide the EMD (Earnest Money Deposit), as they’re the one ultimately purchasing the property.

Go to real estate investing meetups in real life.

There was a leak and about $10k in water damage done.

I'm very interested in apartment complexes and have been trying to learn as much as I can about investing in them.