My brain is a sponge and I m absorbing all kinds of water; learning real estate investing is my water. 

Recently found a duplex I really like and was hoping to get some feedback to keep me in the right directionHouse Price: $125kAnnual Taxes: $2700Total Rent: $1455Tenants pay all utilities except water ($1200 a year).Place is in immaculate shape - unlikely repairs are needed any time soon.Does this seem like a decent buy?

I grew up in Louisville before it was cool, but now have relocated out to Erie.

I'm trying to get that first foot in the water from a few angles.

I agree with not placing any ac, furnaces, water heaters below the flood level. 

Cool site, thanks!  

It has city water and private sewer (septic).

Usually we charge between $1.50-$2.00 depending on how damaged the drywall is, if there are water stained walls, and ext.

It looks good if the repairs are minimal and she has not delayed a lot of maintenance (hvac,  roof,  water heater,  etc) 

If the tenant has had the water turned off, check to make sure all spigots/faucets are in the "off" position so when the water department comes to turn the water on in my name they won't shut it back off thinking it's flooding inside instead of an open faucet.6.