The roof was replaced in 2010 so should last for many years to come.Overall this is a good deal that we are looking to take advantage of.

Also piggybacking off @TaylorCorder* there was a new arena that was built within the last few months and that drove employment through the roof.

I month of vacancy and you're in the red for the year. 1 or 2 things go wrong (HVAC, roof leak, who knows) and you could be in a world of hurt.Breaking even in the duplex might just work as a house hack.  

However, with the long slower season after 4/15 I am excited to devote more of my time to research, networking, and educating, while hunting for new investments.My Goal this year is to close on another single family rental either in the Northern CA area or in the Las Vegas area.I joined BP after listening to a few podcasts and diving into the forums.I am psyched to be here and looking forward to the steep learning curve that comes with every new endeavor!

The house has a termite issue and needs a new roof so we're expecting that it needs to be gutted to check for any rotting wood.

YES-they can set you up with auto-email, but at the end of the day, they are never going to be as motivated as you and submitting offers is not going to happen EXACTLY when you want it to.Since getting my license, my investing success has been through the roof.  

The fines can be quite steep and the city really is going after people that are renting out SFRs as absentee vacation rental landlords.I'm not as familiar with Bend but I think that they passed a vacation rental ordinance that only allows one per block.

In addition, lots of drywall, flooring, kitchens & baths to do, likely new roof, repair wood rott, brick pointing, windows/doors.  

The other way is to piece out everything that would be considered capex; furnace, AC, flooring, carpet, windows, roof, parking lot...  

A great quick turn depending on foundation, roof, HVAC and electrical/plumbing.