https://www.kiplinger.com/article/real-estate/T050...Summary:- I: Intrinsic Value - Location, Appealing Design, Healthy Economic and Population trends- P: Price - You make money when you buy right and force appreciation. 

If so then this prospective duplex has a lot less appeal now.

I met someone socially who was passionate about refurbishing houses and the idea of forming an LLC and being our own bosses was appealing.

What was appealing to me was that my park had Tenant Owned Homes, Park Owned Homes, empty pads, some small infrastructure issues, some good tenants and some bad. 

But the truth is that the pricing for a good majority don't pencil out, so we were really narrowed down on what was appealing based on location, price, cash flow, and condition of the property. 

Having a continual flow of income from the home for years to come also made sense and was appealing.

It is called either being a handyman or a photographer, also there is no way to "split the profits" because you don't know how much value you actually added. 

What layout would be more appealing to buyers?

There is also some exterior work needed to boost the curb appeal.

You will appeal to more people.