The seller says it needs minimal work to sure things up via a contractor they’ve had bid the job.The pictures seem to show it’s a bit more of a job.I’m in need of a foundation company or someone that can tell me what I’m getting myself into.

Assuming the ARV of $306K is correct, the purchase price and huge expected repair bill of $65K don't make this work as a BRRR deal.

Thanks Brian,So if I understand that correctly,  I'm using the mortgage to pay off the HML, not the house. 

That may be over simplified and completely wrong but I hope someone will correct me if so still trying to learn!

The capital gain is calculated based on your purchase price and then your sale price regardless on what you owe on the property - correct?  

Looks like you are correct in your thinking!

Amy@Federico Gutierrez is correct. 

I don't know if I did this correctly, this is my first time analyzing.

@Steve Bracero is correct you can not charge an application fee in MA, just first, last, security deposit and key deposit (fixed at $25)

I think a duplex at the top of the market might be subject to a correction in the near term and not really see any price appreciation for the next few years.We personally are being more selective about the properties we are buying.