How many evictions have they handled at the property (may speak to tenant selection quality), how many tenants have left mid-lease (also may speak to the quality of the management, bad managers lose good tenants)? 

That's when the upper unit tenant called me, as he's never really had this problem before and really didn't think he needed to call me because they are all adults but felt it was a big enough issue and now he is thinking about not resigning the lease for next year.  

A residential home, already divided into duplex and has 2 current tenants  (one's lease is until 3/31/18 and the other is 5/1/18). 

@Byron BohlsenI make all my tenants get renters insurance per the lease paragraph and  I tell them: " file the claim and have the adjuster check the door for damage as well. " Renters insurance is about $150 per year. 

Rent is $1950 (we just increased it a couple of months ago when the lease was renewed), and we've had only a single tenant.  

Now I need a lease for them to sign.

The plan is to fix one unit, rent it and move into the other one in 6 -8 months, once my lease is done here.

When our lease expires in May, we would like to buy a duplex in the Minneapolis-St.

If you don’t mind me asking, how much will you be leasing it for?

I didn't read this to ensure its accuracy but it certainly looks to be from a credible source. https://www.irs.gov/pub/irs-utl/33-Real%20Estate%2...Cliff Notes:Real Estate Professional Qualification • Material participation in each specific rental • Material participation in separate Real Property Trade or business • 50% rule • 750 hours rule • 5% ownership ruleReal Estate Trade or Business Defined IRC Sec. 469(c)(7)(C) Any Real Property: • Development or redevelopment; • Construction or reconstruction; • Acquisition and/or conversion; • Rental Activity that is not a Passive Activity; • Property management; • Brokerage activities.Example 1: Laura owns 5% or more of a real estate sales office • Works full time as a broker • She owns 3 rental properties and: • She finds the tenants; • Approves tenants and leases; • Approves and oversees repairs & improvements • Net rental losses are $31,000 and her modified AGI is $160,000 before the losses • Deduct the full $31,000 in the current tax yearExample 2: John acquires old homes and contracts 3rd parties to renovate and ready for resale.