I do my own swap outs (with permits & subsequent inspections) so costs are basically materials & my time.

Basically, stay away or if the price is right who cares?

Thats it, its largely cosmetic.Hi Alex, you say the duplex is in really good shape, but then proceed to say that basically everything in the property needs to be replaced. 

My part time gig is as an associate appraiser for Miller Appraisal and Realty, which has provided me with some basic knowledge for valuing properties- but not necessarily investing in them. 

Basically any active income side hustle I do like consulting, wholesaling, self-incumbering a free and clear, lending, etc all go through my scorp which owns nothing.  

The mortgage for this property is under own names due to favorable interest rates and a lower down payment.Additionally a bit of background info, before purchasing this property, we set up an LLC with a basic operating agreement.

There are no washers or dryers on the premises (might be worth adding coin-op washers in the future).Property condition: The garage is in complete disrepair, basically functions as a carport at best right now.

From what I've read you have to basically pay double on rental properties.

Subflooring up basically.

Basically it means you have to have a net worth of $1 million (minus your primary residence) or make $200,000 a year for the past two years.All well and good.