South side easton, nice 1/2 double.

That would be double dipping.I think the bigger concern would be the management company's lack of transparency in breaking down the revenue/expenses, and whether that means they are possibly rent shifting (offering lower nightly rates that they rev split with you and shifting the cost into various administrative fees that they keep 100% of).IE instead of$500nt x 4 nights = $2000, they take 16% of $2000 so you get $1680They might be doing something like (and this is typical of PM companies trying to squeeze out an extra buck)...$400nt x 4 nights = $1600+$400 in "administrative fees" = $2000.You get 84% of $1600 = $1344Same rent cost for the customer but now they are only paying you 84% on $1600 instead of $2000, and then pocketing the entire $400 "administrative fee".

I do have a large double door, bottom drawer LG Fridge & an LG DW at our Lakehouse & they have survived 8 winters & it gets to 20 below so I'm impressed.

The FMV of the property is approaching double that.I also supposed this is a good lesson. 

If you increase it a lot, you risk a vacancy-and in this case to up the rent you'd also have to do renos.You are also missing info on the size of the units (beds, baths).

Here is a very simplified example of what I mean:Option 1: Single property Gross 100K net 30k Option 2: Two properties: Gross 100K net 40K Now, of course you you net more on option 2 but now you need to manage double the bills, double the bookings, double maintenance, cleaners etc...

If you have a 2 bed 2 bath where each person could get their own bathroom...That to me is more viable. 

The duplex made more sense at my stage in life as I am close to 50 and spent my first 25 years of adulthood running Bed and Breakfasts with guests sharing my living space every day.

I consistently see double digit cap rates and COC returns.

But, if it is a conventional institutional loan, you could double app, or your Mortgage broker could, and then each lender would order their own appraisal (hopefully, from a different appraiser).