Brand new kitchen and bathrooms.

Current owners don't have pets the yard, kitchen, bathroom, etc don't seem to need too much love.  

Account Closed Does the labor include install drywall , laminate, kitchen, bathroom, flooring,new electrical to bring up to code on the 2 complete gut to studs.

It has a full basement and the bathroom and kitchen share plumbing on the same wall.

.: kitchen and bathroom remodel, flooring, paint]), and 2. the purchase price was not at the upper end of our qualifying threshold. 

Because you will have more kitchens and bathrooms with a duplex vs SFH you should experience increase maintenance cost.  

The sellers marked it down almost $150K.The house looks solid & has curb appeal plus I can rent out the 3 upstairs rooms & my roommates have their own bathroom to use, and I have mine in the basement.

The house was listed as a 2 bedroom 2 bathroom but was disclosed on the MLS listing that the 2nd bathroom was extended but was done so without permits.

Assuming when you say "full gut" that you mean new plumbing/bathroom(s)/kitchen, the $30k with materials quote is essentially impossible--materials alone would probably be approaching that number.

. $240k per year in short-term rents, as an 8-bedroom, 4-bathroom mid-century modern home with a large pool located on a golf course.