I recently looked at a duplex and wanted to get some thoughts on if these items should be factored into the offer price:The water heaters were over 10 years old, both gas furnaces were over 10 years old, the water was not separately metered, the front porch (cement) had some cracks in it, and both units would need some paint and new carpeting. 

But this is only after you factor in ALL the assumed potential expenses.

It depends on a lot of factors. 

The main reason I dont finish basements in my rentals .

Would those initial expenses factor into lowering the offer price?

I am doing a BRRRR right now where I am living in the mother in law suite, while rehabbing, and will rent out the main house (3 bed 1 bath) when complete.

We are purchasing the property all cash (we discovered that this can be a problem too) because we were running into two main problems when approaching lenders 1.

Any appreciation would just be an added bonus but I think stability is my main focus.

My first goal was to get my real estate license to not only supplement my main source of income, but to also become as knowledgeable about investment properties as possible for what I hope to be future endeavors.

Short-term vacation rentals is pretty much one of the main industries here with privately owned condos being more popular and numerous than hotels.