@Jacob Yant, generally that looks like a good start and without knowing a lot more details, its hard to dissect and challenge any of your assumptions.

I personally feel like carpenters are one of the most mysterious and aloof people out there...Anyways, I request a lot of bids for each part of the rehab process and along the way I've found some pretty great people that are cost competitive and provide high quality work.For example, I can provide some pretty solid recommendations for:Egress windows, electrician, window installation, storm doors, flooring (carpet/vinyl planks), hardwood floor refinishing.I can provide contacts for other jobs like carpentry, drywall, etc. but the ones listed above are the best of the best.I've found it pretty challenging to find a reliable handyman and carpenter.

You adjust the market you invest in to satisfy your required goals. 

@Yehuda Wexler in the Seller's market that we are in it's challenging to find and get a good two family under contract even when you are working with an agent, much less without one. 

The waste line will be more of a challenge, but certainly doable. 

Would greatly appreciate some advice and venture this may help many other folks currently on the sidelines of this challenging market.

Would greatly appreciate some advice and venture this may help many other folks currently on the sidelines of this challenging market.

Challenges?

If the property is sold, any debt on the property must be satisfied before the proceeds can be split among the co-owners.8.

Challenges?