We brought in a group of equity investors as well.

While talking to 2 code officers from the area, they brought up the idea of de-converting the property into a duplex by combining the top two units and this would allow us to no longer have to build the fire escape. 

I have enjoyed the brother/sisterhood of Bigger Pockets and it has been a blessing in the building of my PM enterprise.We began and continue to build on a matching concept, and now have 4 revenue streams; Leasing, Management, Market Analysis, and soon to launch in 2019; Tenant Direct.I had brought 20 years of business aviation, finance and marketing to my business and through networking and building relationships have enjoyed careful growth and gained much wisdom along the way.

Floors leveled, basement moisture mitigated, lots of carpentry repairs.I found the property and we had excellent 100% financing through a private lender that I brought to the table.Overall, it was successful - and I'm looking for my next!

I brought a private lender to the table. 100% financing, 0 points.

In terms of REAL TALK, the point that Jim brought up is the most real in this whole thread.

I just brought my first property, a two family home,I live in one of the units. and i'm just curious if anyone had any words of wisdom from there on experience.

But I'm betting that appreciation has brought your cap rate down substantially - which is what's supposed to happen. 

I chose Legal Aspects, and am glad I did; it brought into focus a lot more of the do's and dont's that the first (2) books touched upon.I'm still waiting to get my exam date, and feel very confident in passing the first time, after taking this course.There are other courses available, but I thoroughly scouted the reviews, and chose Rockwell.

FEMA came to the rescue there were thousands of FEMA trailers brought in to house those folks for free.