He will give me date and approximate time he can repair each item on the list.

But, what if only ONE owner can afford to make a large repair (i.e. replace the A/C unit) after one year and the other owner cannot afford to help with that repair?

Gideon maybe call them and ask about the area.Finally, if you are really feeling bold do some white pages lookups for who lives on that street, find some phone numbers and call the neighbors to ask how things are.Good luck!

ARV: 70kMonthly Rent: 700-800Estimated Repairs: 15k

Passive money will probably be about the same if you repair the old homes to like new finishes and accomodations.

We recently bought a property under market value at 80k, put in 15k repairs, rented, and refinanced at 115k.

A few thoughts --Have you found any duplexes in your area that are in need of some repairs?

I tried surveys in the past and had a 1% response rate which is absolutely useless.I now ask for feedback when we make a repair (no responses yet, but I keep trying) or when a tenant vacates.

What is the most accurate mortgage calculator app on the phone? 

Purchase price is 195K, we estimate repairs to be 15-25K, and ARV of $275K.