I bought my first home last year (town home: 2 bed 2 bathroom 1 car garage).

The house was bought and paid for in cash in the 1930's for $23,000 its a duplex o/s built in 1910 it needs not some but alot of updates but has alot of of potential for cash flow rent in the area is 825 and up I have no credit and no money i have the house though and sweat equity im willing to put into it to bring it up its currently worth $32,000 free and clear and 3600 lot size fin area 2766 6 bed and 2 bath (luc description ) i don't  know what that means but 1 residential.

Trying to maximize heads in beds.

As part of initial investment, I got high quality trailer with high-quality bedding sheets, towels, dinnerware, etc.

As part of initial investment, I got high quality trailer with high-quality bedding sheets, towels, dinnerware, etc.

When coming across a property that is the same as other nearby properties in terms of size, bed, and bath, but listed at a much lower price than its comps, what is the best way to go about figuring out why it is listed lower?

My partner called the leasing office while I was at work and confirmed the letter is not a scam but they did not provide detailed information about the charges over the phone.The building is owned and managed by Tod Speiker who has built an empire by buying up all the B and C class units in Silicon Valley, evicting long-term residents, putting in a couple stainless appliances and jacking up rents 50% or more while providing basically no service to tenants on issues of pest control, in-unit maintenance, noise, etc.

I think a lot, especially when reading, listening to youtube/podcasts, or even just laying in my bed before I go to sleep.For anyone that wants to, please step in and tell me where the flaws are in this plan.

My Background I am 29, single (living with roommates in a 4 bed, 2bath SFH) working and living around San Jose CA (bay area).

134k- Converted duplex built in 1920’sSemi Updated Average Neighborhood/Ave Schools1600 Sq Feet1 Bed Unit upstairs and 3 bedroom downstairs 20%- $26,800 down payment PI Payment $592Taxes-$333Insurance- $91Total Monthly Cost-$1017Rents $1550Total Cash Flow-$533Cash Flow per door - $26620%- $26,800 down payment $7000 max in Rehab workTotal cash needed $33,800Annual Rents - $1860075% Less Variable Cost- $13950Interest Paid annually $5620Rent less cost minus int-$8322NOI/Total Cash- Cash on Cash- 24.62%250k- Duplexbuilt in late 80’sSemi UpdatedGood neighborhood/good schools 2400 sq feetTwo 3 bedroom units 20%- $62500 down payment PI Payment $1035Taxes-$395Insurance- $108.33Total Monthly Cost-$1539Rents $2200 Total Cash Flow-$660Cash Flow per door - $33020%- $62500 down payment $7000 max in Rehab workTotal cash needed $69500Annual Rents - $2640075% Less Variable Cost- $19800Interest Paid annually $9843Rent less cost minus int-$9956NOI/Total Cash- Cash on Cash- 14.33%