Looks like you found some real solid cash-flow on your first place!

If age were a consideration for loans, the east coast would be full of new buildings. 

Out of state, depending on where you buy, you are mostly looking at cash flow instead of appreciation. 

If you spend close to 200K, you can find a decent BRRRR property, get your equity, good cash flow, good tenants etc....You dont have to go all the way to Ohio for cash flow.

I did go through a DFY program that sourced a cash flowing property for me and negotiated a 3 year lease with the landlord on my behalf.

Too many things to go wrong when the contractor doesnt control the entire flow of the job , and the customer will always pay for the loss of time . 

If after that deduction, and all other deductions you still have cash flow, which is unlikely, it is a candidate for hold however based on your description of the handy work I would guess it to be a maintenance pig that you would be safer to unload now and move on to other endeavors that will have a better chance of being positive cash flow. 

My husband and I have been researching how to retire early and what we've learned about money is real estate is a powerful tool to make money and keep a constant cash flow.

I hope this helps you out in consideration.

The house can be converted back to sfh, but I really don't want to do that, because it's going to cash flow beautifully as a duplex.