We would be looking at properties around 80-120k to minimize financial risk if the property remains vacant for longer than we expect.I have a couple questions for now:1.

This will probably not help but worth the minimal effort it takes.6.

We were thinking of the following terms:-Minimal down payment.

My two seasoned property managers (1 in each case) told me not to waste my time because it is very rarely ever worth it.

Do not purchase lower-level units if you are not willing to do 1-5 above as well as be prepared to be the recipient of the above unit waste.

With minimal leverage on one you've recession proofed part of your portfolio. 

Granted, we all need to keep our shops open and therefore processing fees and minimal costs are charged but we are more interested in the long term relationship in which we mutually benefit each other.

Another of the detractors is the gas furnace in the corner of the living room (there is a minimal basement and mostly just a crawl space). 

Effectivness is important as well, don't want to waste your time making the wrong moves.

.- Duplex with both sides rented at $625 each ($1250 total monthly income), seems about market rents for the area- Asking $120,000- Annual taxes are $2400- Been on the market since November- Repairs appear to be minimal, still need inspection (rentable, but not updated)What other information am I missing?