I'm going to have the outside vinyl sided which will be the only cash I have left in the deal.Actual Monthly Expenses:Mortgage Principal & Interest: $380Monthly Taxes: $68.92Monthly Insurance: $63.75Cap-Ex: $95Vacancy/Credit Loss: $47.50Property Management: $50Total Expense including estimate for vacancy and cap-ex: $715.17Rented @ $950 per monthExpected Cash Flow: $234.83Living Room:Master Bed/Bath:Under the cardboard box in the pictures were about a hundred cigarette burns in the carpet...Between the 5 people and 3 dogs living here when I bought it there wasn't a blade of grass in the back yard:Still haven't done the vinyl but it sod does wonders and it only took 1 pallet. 

It borders my property on two sides, and virtually anything short of it staying the way it is (wooded) is going to severely derail my quality of life - and I'd rather not have to move. 

@Steph Bold This is more from the attendance vs investor side... 

Duplex Price $950 Right side 2 Bed/$850 Left Side 1 Bed.Total Rent = $1,800View report*This link comes directly from our calculators, based on information input by the member who posted.

Unfortunately it is on a busy 4 laner on one side and a school on another side.

.), value add ons etc...Can't do that yet as I am waiting for the numbers from the private party.I can buy this privately without a realtor on either side of the deal. 

If the neighborhood is improving this puts time on your side and your yearly write-off for depreciation might make you feel better.    

However I want to practice real estate investing and make side income.

I do side jobs for gate build/ installs.

Little more breakdown. 250-300k to build a 500k duplex that could rent easily both sides for 3k togther a month.