I would focus on neighborhoods close to popular neighborhoods.  

The higher the cap rate, the faster you’d earn back your investment capital, and the better the investment choice.

If you want to have your choice of tenants, price it to be a good deal.  

It is such a popular product that people are pricing the listings well above anything that can be justified by the rents.

This option also lets you place heating on the tenants utility bill, assuming the meters are divided.Probably your second most cost effective choice that is not a heat pump would be to replace the oil steam boiler with a natural gas steam boiler.

Partnerships, HELOCs, and hard/private money are popular methods of funding deals along with seller financing.

If I were you I'd probably just blow cellulose, unless at some point you wanted to duplex up and wanted to use that space, then maybe sprayfoam would be the right choice.

I have no choice but to agree with you in on the things you said above.

Andrew- great choice!

i have found and placed bid on Duplex here local still waiting on financing tho from HML or PML Please tell me if this fits the 50/ 2% rule if does show me how if don't tell me what does so i can get this pictured in my head to make solid investment choices as i get started thanks for all critiques AS IS Value right now is 30 K per HUD Appraisal.