After a few months the seller actually came back with an offer that worked great for all involved and we put the deal back together.

It cash flows about $400/month currently.Currently the rent for the duplex is $1,120 with a mortgage payment of $1,193.

You will just need a signed lease and possibly a security deposit/first month's rent prior to closing on the refinance since the appraisal will mark the property as vacant. 

These groups typically hold monthly meetups with speakers who discuss various industry topics.

For potential profit I’d have to rent $2500+ monthly.  

How much did the pickle ball court cost to install?

Goal is cashflow of 30k/month, but again have to start somewhere. 

Currently it is not cash flowing, and after mortgage/taxes/insurance/maintenance, it is probably losing ~$1,300 per month (eww).

Will be talking to many contractors to validate of course, but curious if anyone here knows anything about this or has done basement dig outs in the last 6-12 months? 

It also is worth approximately $140k more than my property is currently worth.My question: when evaluating renovations, is the math as simple as (Additional rent expected per month due to renovation * 12 months/yr)/total cost of renovation = ROI.