Or it could be a combination of several of those conditions.

The IRS imposes very strict definitions on this (minimum total number of hours per year you work on real estate related activities, as well as more than 50% of your total combined work hours have to be devoted to real estate, etc). 

Combine your skills with Bigger Pockets various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, colleagues, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

However, given water intrusion combined with potential for organic growth, I would assume that's where the inspector was going with that.Can someone who's been through this scenario comment on things to look out for?

Oh crap, I do.At the end of the day if I live in one side then I will only be like $315 better off per month rather than $600.

Another thing that may help with both is if the rehab costs (or purchase plus rehab) to combine the units, would exceed the value of the property.

Some at a high price and some at zero or 1% then I see the average overall price for the combined pool and submit my offer.

Combine your construction experience with Bigger various resources: ebooks, blogs, forums, podcasts, webinars, keyword alerts, an awards system, a learn section, colleagues, informative people in many fields of real estate, and more.As Brandon Turner says we are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

But, it is all crap.

Let's call it a CRAP rate.