It would be very rare to find a property built in the 1980s that has 3 layers of roofing on it but not uncommon in older properties.

The 2% rule in these are is extremely rare too. 

I have my license but rarely carry.

Perhaps a combination of notes and tax liens, which could compliment your rental income.

Water & Sewer current bill is about $900 combined.

It will cost $50k. 2 units combined bring in $1295 a month, tenants pay utilities.

@Sean Pincus   Sean wish it was that good out here in Portlandia  24% is rare.. 10 to 15% is customary I just hit a 20%  and I have bouncing off the roof with Joy !! 

Combine that with the lure of taking advantage of the opportunity to enjoy the company of family, which happened to live about 20 minutes away, not accounting for traffic of course, from my office (i.e., living free…well, I gave them some money, but nothing near market rents).I spent the next four years saving the extra income in the hopes of one day being able to purchase my first property. 

We have the highest combined tax burden in the country and property taxes are a huge part of that.

@Aaron Coplin the seminar was actually pretty informative for a novice, but they rarely explained anything in-depth because they're hoping you'll buy into the Mastery program where the real meaty stuff is.