We expect you to return the unit in the same condition it was received.

So, I figure out where those people want to live and in what condition & amenities they require and that's what I buy.I hope this gives you something to think about...and best of luck in your search!

The appraiser will determine how to weight each approach based on local market conditions that vary from location to location. 

There should be demolition/existing condition plans, site grading, roadway plans, water/wastewater/storm, and detail sheets. 

Assuming the unit is in showing condition, you can get it rented and won't have any loss of rent.

I know it had forced air heating, but I am not sure what the current condition is.

Knowing what the terms and conditions of your loan will be will assist you in making the right offer on a property.

You need to really drill down to the market, neighborhood, property type, property class/condition, etc. 

Another option is refinance the first duplex out of FHA into conventional so you can reuse FHA.All this being said, make sure you have met the owner occupied conditions of your original loan.

The house seems in decent condition from the outside and I have yet to see the inside.