Seems like if done right there could be big appeal.

They only way that you can increase that is by price (or terms) or by making the place more appealing. 

The investor will offer the following:Cash transaction;A quick sale closing with no inspection; andYou can leave behind any items you don’t want.The problems begin when the homeowner is elderly, alone, and doesn’t know the true market value of their property:They may have purchased their property over 20 years ago for $50,000, $100,000, or maybe $200,000.That same property now could have a market value of $300,000, $400,000 or even $500,000.The idea that they purchased the property 20 years ago for $120,000 and are now being offered $220,000 sounds appealing to these homeowners – their mortgage might be paid off and they will make $100,000 – sounds good right?

The area is appealing to me because because they already have a large supply of 5+ unit buildings, which is getting harder to find throughout the rest of southern NJ.

Because I'm doing FHA, 5% down this deal is appealing from a COC-ROI standpoint, but cash-flow is weak (Not Brandon Turner's recommended >$100/unit metric) given lower rents in this neighborhood, so insurance costs could turn this deal sour quickly. 

I say we keep on keeping on and don’t give up...And visualize success!

I'm closing on my first duplex next Friday, and your numbers are much more appealing than mine!

Hi Jorge,If it were me I'd:Ask for 5 (yes 5) referral phone numbers of clients they have had for 3 or more years.Call each of them and ask about the service they receive and if they think it's worth it.Ask each phone call person the address of their rentals, and go visit them to see what they look like.It's always a good idea to Vet contractors visually as well as verbally.Good Luck!

It's in a transitional area, lots of activity and some really nice remodels selling well within just a couple of blocks, but there is a halfway house across the street, an abandoned property a few doors down, and there was a break-in at the duplex when the unit was vacant.I'd like to increase the curb appeal and safety "feel" of the property by adding some outdoor lighting.

RENT: Know what the completed property will rent for - rehab should include amenities to maximize rental appeal for the location3.