Im sure the value of the house will change when we refinance, but keeping it simple heres the breakdownPurchase peice $510,000New Loan: $408,000Unit 1 income: $1700Unit 2 income: $1300Taxes: $500/monthInsurance $190/monthDebt Service: $2126.04Maintenance: $75Management: $300 (i dont want to collect this i would rather pay someone)Vacancy: $150CapEx: $100Snow/Landscaping: $100Cash flow -$516Am I alotting too much for expenses?

Pick a solid B-Class suburban area.

We just picked up a small Duplex in one of the best areas of Tampa.

She'd turn on the propane burner, and it didn't light, and fill the house with propane, or go for a walk outside, and there was a pond and built in pool (she couldnt' see well due to diabetes) When that started I put her in a senior living home 2 blocks away so I could pick her up and bring her over for the day, etc. 

It's fairly simple....ask the wholesaler to show you the purchase contract they have with the seller so you can review the terms/conditions that they agreed to in it. 

The theory is simple but getting it done is a totally different game..

@Marlon Long   This is going to sound simple but I think nearly all the pros will tell you this. 

Let them go there and pick their own contractor from the list that Home Advisor supplies. 

I had a condo that we bought for 55K and sold for 155K ish, with that I bought 2 SFH in East Mesa at 180K each (picking up some debt), I had to fix them up a little but they are now worth 220-240 each. 

Such a simple concept so many fail to do.