It depends on the tank size , Also some guys suck and run leaving lots of solids in the tank .

I am considering moving to a smaller house nowsomewhere in the triangle area (my house is too big, and may be hindering my real estate investment flexibility).Amberly is a solid community, and everybody seems to want to live there.

The house was very new and I have had very minimal repairs to the property to this point (knock on wood).So, last year I decided I wanted another rental property.

Also, you need to get a solid repair estimate as well.

Banks love to finance stabilized properties if the numbers are solid.  

I wouldn't suggest anyone follow his lead without a solid and trustworthy team in Detroit.My understanding is that holding costs are also incredibly high.

Based on the info provided, does it seem to be solid advice to replace the entire unit?

I was interested but was waiting for them to drop the price as it was full on retail and needs a solid 8k in renovations...  

., but based on the numbers you provided, I predict you will have a VERY hard time qualifying for a big enough mortgage for a solid property in a solid neighborhood, let alone two.  

That said, without a solid property management team don't jump into anything too quick outside of your own backyard.