The duplex is on a shared water supply.

The rental is currently w/o water.

- Utilities seem to be split in one way or another from landlord to tenant (somtimes water, sometimes heat, just depends) - $50 for lawn service per month, $20 for garbage- low future assumptions (1% growth for all, 6% at sale)- Lastly, 4.5% interest on a 20% down payment- $3000 in closing costs, anywhere from 5000-20000 in initial repairs/upgrades (varies property to property)Am I crazy?

I think water and sewer line would be the biggest hurdle besides the zoning..

I don't know your local water rates and I realize these are 3/1.5 units that probably have families.

Blew the city out of the water, who was trying to stop a sober living house from existing in a certain neighborhood, on the basis that (gasp) they were letting two people sleep in the same room to save on costs.  

On this next deal, my plan is to leverage my other investments, and if they tell me I need 20-25%, I am just going to go elsewhere and test the waters with a different lender.

Friend had bad water leak.

View report*This link comes directly from our calculators, based on information input by the member who posted.The repairs I have considers and their factors are as follows:Possibly Roof (due to recent hurricane in the area in 2018)Water Heater (over life-expectancy)Appliances (over life-expectancy)HVAC (over life-expectancy)Flooring (they look terrible in the pictures and not long lasting)PaintCabinet/CountersLanscapingSeptic System Replacement/Cleaning

No alcohol is left by us, but any sealed drinks (Juices, teas, lemonades and waters) are.