The lease states we can terminate the lease for smoking.

You may see a smoking deal on the MLS buy that then down the road buy something directly from a turnkey operator.

You also want to let them know if pets are not allowed, smoking etc.

Different data is a smoke screen.

There is in-fill building happening all around American village.The Lakewood area southeast of campus has gotten expensive but 2 blocks east are some bargains.Woodcroft is always a safe bet but many of the houses are a dark/rustic style that are hard to update.There are also some cool houses going up in the neighborhood just west of the ball-park on the other side of highway 147 around roxboro/mangum, I see that as an up and coming area due to proximity to downtown.Let me know if I can help further!

Sure that may be "risky" but tenants want certainty and leaving them in the dark contributes to anxiety.

I read every word of the lease to the tenant when we're signing the lease, and walk them through and show them the smoke detectors, water shutoffs, breaker panel, gas valves, window locks, how to use the washer and dryer, how to clean a lint trap, etc.They can't say "I didn't know that was in the lease" - I read it to them!

But when the “inspect” they are really also replacing the air filters, smoke alarm batteries, etc.

@Ryan Turian, best I can tell duplexes are very difficult to make work as pure investment properties for 3 main reasons:There are only 2 units over which to spread the fixed cost (costs the same to mow the lawn at a duplex as it does a 4-plex)Duplexes are the most desirable to owner-occupiers (non-investors) so they tend to go for higher per-unit prices, but that doesn't necessarily translate into higher rents.Zoning laws mean duplexes are more likely to be in more desirable neighborhoods, increasing sales price and making them less likely to cashflow.For the analysis I've done, duplexes just don't make sense as a pure investment unless you get a smoking deal on the purchase price.I think focusing on 3 or 4-plexes, combined with BRRRR is a better way to go.With regards to your questions about CapEx, etc.: Yes, analyze the deal just like you weren't going to live there and see how the numbers work.

This may be a shot in the dark and hopefully in the correct forum.I work for a company that is developing a 20k+ SF mill in Rhode Island.