I want guaranteed monthly rents because when I purchase my main focus is cash flow, then equity in the form of added value (renovations, adding extra bedroom, etc).

Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.

Does said person have to pay monthly fees for MLS access for this benefit?

This is a possibility for me due to the low down %, although I’d need to include closing costs and other fees.Conventional 5% downThis seems like a possible better option due to the lower PMI payments and potentially lower rate.

Finally, how can I estimate the costs for repairs?

@Brenda FreemanI think seller finance can make sense when you can get an at or above market price; you don't need the proceeds; you want the monthly income; and delaying the proceeds will make sense from a tax perspective.If you are saying there's an existing mortgage you would have to pay off yourself, then I don't think that makes any sense - why would you want to invest your own cash to make this work?

Purchased with a tenant in place as a 13 net cap, but once I raise rents to market in a few months it will be 18 net cap.  

Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).

There is a cost component.

Then ill build another duplex on the other side. seller is willing to do 25k down and payments of 700 a month for a total of 55k. this seems like a no brainer investment noLand:$70,368Improvement:$0Market:$70,000Appraised:$60,432