The roof, furnace, windows, copper piping &  100 Amp service w/breakers are newer (don't know if that includes wiring throughout).The house is about 15 minute walk to the university area.

I have someone willing to lend me the closing and down deposit repayment terms 5 years. now when i run my numbers the property cash flows $544 monthly that 544 would go to the person lending me the money meaning first 5 years i would have 0 cashflow. is this a smart move or dangerous. i see it as since everything is fairly new and my current property manager manages this property as well i would add another duplex to my portfolio with 0 cost to me more details about the property below One furnace new in 2014Newer water heatersNew Roof 2015New Electrical service 2015Exterior painted 2015All New windows 2014New Kitchens 2014

Why not hire a home inspector that is knowledgeable about roofs.

I have someone willing to lend me the closing and down deposit repayment terms 5 years.now when i run my numbers the property cash flows $544 monthly that 544 would go to the person lending me the money meaning first 5 years i would have 0 cashflow. is this a smart move or dangerous. i see it as since everything is fairly new and my current property manager manages this property as well i would add another duplex to my portfolio with 0 cost to me more details about the property below One furnace new in 2014Newer water heatersNew Roof 2015New Electrical service 2015Exterior painted 2015All New windows 2014New Kitchens 2014

Other companies require that houses built more than 25 yrs. ago have updates to the electrical, plumbing, roof, and heating. 

What about the % being put away for things like repairs or future capX items like hvac or roof (although it's new now, something could happen that would warrant replacement). 

I have a very fluid schedule as I own my own business and have thankfully racked up 2 million + miles on my Amex.

The plumbing, the roof frame, the sheet rock.

Looking further into it I realized the structure is not assembled and doesn't include siding, roofing or the door.

In the past, in our permanent residence where we live today, we have purchased a new HVAC for $4000.00, new roof for $12,000, kitchen remodel, etc, and have never sent anyone a 1099.When, and at what point, do you need to send out 1099's?