Capital upgrades also need to be considered.

I think your FIL is well aware of your recent financial troubles ( that you alluded to) as well as has been through home repairs and at least understands the pain of writing some home maintenance checks or upgrades over the years.

I invest up in Vermont andthere are various rebate programs for upgrading to more efficient heatingsystems.- If you're currently negotiating the purchase of the duplex, have thesystems inspected.

It might not be your desire of a location to live in, but if you've not had problems getting good tenants, why go to the trouble of "upgrading".Will you make more $$ a month if you upgrade?

I got each of those buildings insured at decent premiums, but I'm also aware that at some point I will get cancelled and have to upgrade.

If you're looking for loans or properties you'll need to upgrade and post in the Marketplace.

Pawan,We are dabbling in cost sharing upgrades with our tenants as well.

I upgraded to BP Pro recently and got both J.Scott books!

Oh I forgot to mention $20k in upgrades would be needed (granite and paint).

So can you buy a house that you are going to be living in and sell it after a year to upgrade to another house you will also live in?