If it's a mixture, then choose between them.

Exterior - depending on the doors you choose that could be high but then again you could blow that on one door.

I'm still new to the whole process as I've never taken part in any facet of a residential real estate transaction, so I feel more comfortable working with professionals who seem to have a good grasp on the process.Originally posted by Joshua Dorkin:Welcome to BiggerPockets, Ryan!

Reggie,If you are comfortable sharing the P&L and Rent Roll I can walk you thru how I would analyze it.

I told him I would give him an offer with a couple of options for him to choose from after I looked at the numbers.So, here's what I have:It's a duplex in Lake Havasu City (popular retirement & family community).The man has a dread disease that has forced retirement and is anxious to sell this prop.

The original Tenant/Buyer shall have the right to renew this Agreement for an additional sixty (60)days if original Tenant/Buyer so chooses.

Home values in SoCal are on the high side so it makes it interesting from a first-investment standpoint, but I'm not so comfortable investing outside of the local area for my first.

If you choose to go the way of a partnership make sure to put it in writing.

However, very rare the IRS can choose to not accept your change in accounting method.

After all your thoughts and suggestions, I feel a lot more comfortable and equipped with knowledge about section 8 tenants.