He's tired of keeping up with his rentals and selling them off to his kids. 

High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?

We're not Quicken 2.0 - I get it, we have a digital brand and digital name and for experienced investors that can set off alarm bells!

@Max Murin I think you can learn a ton just off of free education with youtube or learning from someone locally and provide free labor.

She is looking to move to Florida, and can't sell this home due to:1) She wants top dollar2) The home sits next to a transfer pump station (eyesore)3) It sits on a main road (traffic, noise)4) The community pool is behind the home and visible from the deckThe home is in immaculate condition.

So I'm off on another intellectual trek to figure out if and how I should do that.

Seems like something is off there.

I’m a first time real estate investor that is about to sign off on a duplex for lease.

Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt. 

Some great answers, my intent would not be to spend the $$ on the investment property but to pay off the mortgage on the primary.