We did become a little jaded after that but ultimately got around to some critical introspection, owned our mistakes and learned some lessons.I’m in my mid 40s and am focusing most of my attention and energy learning about multifamily residential and small apartment investing.

Am also a newbie working on my real estate goals .Make sure you download and study " the ultimate beginners guide" . 

We lived in one unit and rented out the other, then ultimately moved to the basement and rented out the second unit.

It is your property - you own it and you are the one who is ultimately going to benefit from the proper maintenance. 

Any lawyer will tell you that ultimately if you do something grossly negligent, malicious, etc it doesnt matter if you have an LLC or not - its bad news.

I think it's terrible service and horrible representation since anybody with a pulse, much less in the field knew interest rates were going up, but ultimately my fault.

@Andrew Brown,Ultimately, it will be the buyers who will tell you what they are willing to pay for the property in its then-existing condition.Speculation is fun, but the market gets the last word.

If you haven't already checked out the Ultimate Beginner's Guide that would be a great place to start. 

If it's an undue financial burden, and you have another plan, it's probably not a great move,Ultimately, this is not the best place for advice, just opinions.

Ultimately, we want to know if rehabbing would be a good idea in this market, and if so, how much rehabbing should we consider?