If there are two different houses that are across the street from each other that are listed separately but must be sold together, how do closing costs & mortgage work?

You have to get out of your comfort zone and speak to people on your street, community, church etc... and find out if they want to sell or not. if you see a disheveled, beat up house, find out who owns it and talk to them.

(makes your parcel more desirable.)Get the daily car counts for the street you are planing on building.

Well, you're going to hit a point where the perspective tenants will just rent the house down the street that is on the market for about the same rent as every other vacant house in the neighborhood.

Ned,Not sure about the kitchen situation; following up with the listing agent tomorro, but there's only 1 pic from the street, and not the most thorough description.  

Jay,Didn't anyone tell you - Never buy a rooming house on Elm Street ;-)I do like the airline personnel model, but find student rooming house and those close to research/teaching hospitals are good bets as well.  

On a majority of the leases the actual lease amount is $855 but the landlord pays a cap of $150 on electric.Insurance is $900 per building per year.Taxes are $670 per building per year.Property management is probably going to be around 10%They have a maintenance guy that lives in the one 1 bed 1 bath and from what I understand he takes care of the maintenance issues for the 20 duplexes and he has no plans to leave.Something very interesting about these duplexes is they are basically across the street from a very large Army base.

If you have cash to put out on the street you can make a great return, you'd make more if you advertise  that you will fund transactions for an equity position.Charles Parrish

Hi @Mar MaldonadoWelcome, I second @Russell Brazil with the exception that you could call an agent and say "I saw your listing at 123 main street and would like to see it" and they will walk you through happily.

It's Juneau and 32nd street, yeah I asked a buddy about the area and he told me to look at heat crime maps.