We plan on splitting the profit and will probably sell it by sending out an email to a buyers list.

Just for reference, on a commercial scenario, a good company can do a turn-key 100k jobs with no problem, but the question is, how secured is the client, how long can we get our money back, and at what profit margin?

Georgia REIA is a non profit with a good mix of investors and SouthAtlantaREIA is the young one with a lot of energy.

One of them was a 6 unit for $180K... so I'm thinking, OK, even with low rents, that could generate some solid monthly profit.

How do the numbers work out to $165k profit out of curiosity?

Now he market has gone up but we have held onto it because we are able to rent it for $2400 per month and make a nice profit.

Shane, There are a few things I saw on the report that I think you should ask for seller assist so you can fix it yourself (Never ask seller to fix anything, they are trying to keep as much profit as possible, so they are inclined to do half-*** jobs) or ask for 2-3K reduction in price.

I totally get why you should reinvest profits from rental units.

If your current rental property has significant equity trapped in it, you can either pursue a HELOC on it (may not be as favorable as your primary residence) or a cash-out refi. 

Buy a duplex because it makes a great business sense and use the profits to pay for your vacations.