I guess you could say it's a "hot" hot water heater ;)The duplex only has 1 gas meter for both units.3 layers of roofs!

Depending upon how quickly you sell it, you may have to pay for property taxes (which will reduce your net) as well as a minimum of approximately 2% to a buyers agent (an agent bringing a buyer to the table).Again, it depends on how long you carry and whether or not you sell it yourself or use a brokerage. 

I have an equity partner that brought all of down payment to the table and the debt is funded by the previous owner of the property.

under water mortgage needing to do a short sale approved by the lenders with help from seller and a negotiator.

It would be incredibly difficult (probably impossible) to find a house this nice and with everything brand new (HVAC, water heater, appliances, floors, paint, roof, siding, ETC) for only $30k all-in.

It would be incredibly difficult (probably impossible) to find a house this nice and with everything brand new (HVAC, water heater, appliances, floors, paint, roof, siding, ETC) for only $30k all-in.

I don’t know exactly all the overhead costs monthly with water, AC, electricity, or if the tenants would pay thay themselves.

Especially if your bringing 50% to the table.

Hi Michael,The gas tankless water heaters installation could be tricky.

Here is something I found on a home guide website...Landlord CoverageMortgage lenders want evidence that the borrower has sufficient coverage (at least equal to the mortgage loan amount) that protects the property itself against fire, wind, water damage or other named hazards that might decrease the value of the real estate.