I'm actually getting ready to launch my own brokerage in the next month.

Actually, I hire people to do it, but you get the idea.

Again, not cash flow to retire on, but think of it as an investment account with pretty hands off management.Also, the fact that homes sold lower and were then rehabbed may actually help you out in 5 years if the finish level in the area was brought to a higher standard.

I have been doing some education regarding the REI thru multiple books but still there are some gaps on understanding the numbers, property valuation etc. which i believe doesn't make sense until i actually make a deal work.

In class D areas the numbers may look like a 15-20% return but the reality is those numbers rarely come to fruition because of evictions, and damage to the property. 

Is there an actual reasonable fix to this or do I have to install the fancy heat sensing flaps that will close off air flow going to the bedrooms???

I google'd around for the USPAP standards after reading why he said it was a duplex, and sure enough it was a duplex according to USPAP standards, sorry agent, sorry seller, and sorry county of Alameda (he was super liberal with market rents on the 2 units that he had to call 1 unit, because it was one GIANT unit, so the rental income was actually fine). 3.

As for the actual property, I always start looking on the MLS.

@Sterling WhiteundefinedI see value in both actually.

I actually joined BP a little less than a year ago so I am not new to this site, but, this is the very first post I am posting, so, I am very glad to introduce myself here.I've recently quitted (finished my last day two days ago) my full time job in the heavy construction industry, which I had worked in for the past 10 years as a construction safety manager.