I found a duplex ( 3 and 3 units) good location, good condition, move in ready.

I currently own a property in Commerce MI that my family live in and cant be used as an investment vehicle  =(  Momma says no..I had this shift in thinking about 3 months ago about where my life should be headed. 

If I replace it now while living in the house, can I begin depreciating the remaining life of the roof when I put it back into service as a rental again?

Under what conditions will you sell?

Much depends on the properties themselves, condition and location(s). 

Under complete duress, the owners put in a new but cheap air conditioning unit in 2017  and they have been told several times, a new furnace is in order.

Besides face lifting the units what is the condition of the mechanicals?

I Have a Potential life-changing Deal Cooking...Hello friends,I was driving for dollars and found a distressed property multifamily property in the Bronx, NY.

So I am currently going into my sophomore year of college and I have realized the crucial time of my life that I am in.

In it's current condition it may not be financable and even if so, every buyer is going to be turned off by a squishy old worn out roof.