I roughly had to pay a month’s rent for that maintenance issue.

5.How do you handle maintenance issues and respond to emergencies in your homes? 

Also its a small home which still have high maintenance costs.

They are cleaning/maintenance specific tools.

I am a bit new to the real estate investing world and have been practicing underwriting deals.I am looking at value-add deals that may require significant construction (ADU's, garage conversions, etc).  

Stephen,You can use a Bank Portfolio program to buy a Duplex as an investment and it only requires 15% down.

If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel

Hello, although I do not have experience in converting Industrial to Residential Units, I would say, understand what the Building Dept. requires to make this feasible, for example, some jurisdictions require that each unit have one covered parking space (carport/garage etc.).

Am i required to tell any tenant the reason if I turn them down? 

The licensing process for real estate requires fingerprinting, which should deter bad actors.