Many landlords are very concerned over the effect of the new Oregon law; 608.     

@Stuart GrazierThey removed being able to deduct "un-reimbursed employee expenses" where items like uniforms, haircuts would go.

Many owners of these types of properties are accidental landlords who ended up putting in tenants during the downturn because they were underwater and now want to sell but they do not understand or refuse to understand that the tenant being in there negatively effects their value.

The original loan docs are still applicable, but removing PMI is a little more nuanced than "automatically falls off once you hit 20% equity!"

Will the Rehab that you have effectively done make up for a market correction thus allowing you to pull equity from the property to properly Repeat the process or do you just have to wait for the market to bounce back before you can refinance?

I want to have the tenants remove them and put in coin laundry.

@Andrew Schrader - If renting a house for $1,000 or house hacking a duplex with an effective rent of $200 were my ONLY options, I would buy the duplex. 

We signed a new one year lease that went into effect 90 days later.

(This has the nice effect of making them feel like they are one of the favorites, regardless of the whether they are or are not.)3.

Is it cost effective?