Then you remove expenses, which for this purpose we will use 40%, giving you NOI of $32,760. 

The goal would be to start with something that I can supervise in person on a regular basis.If anyone has any recommended reading around this that would be great too.Thanks 

Although, I get regular messages on social media from potential investors I learned from more experienced investors that most of their investors come from Biggerpockets.

I've heard it said that the only way to remove tenants is if the home is sold, would that be my responsibility as the buyer?

Less landscaping to maintain and snow removal.  

For $3500 I can split the second unit electric and remove the gas stove.

Sounds like you answered your own questionThanks for the replies.My goal, ideally, is to put 20% down, have rents cover all standard costs (mortgage, regular maintenance), then sell the property after ten years without capital gains.

Hi Shivron,If you exhaust all other options you could buy a $40 shingle scraper and remove the shingles yourself.You would probably have to rent a trailer to haul them off to the dump if you don't have a pickup truck.That and a home depot card for some new shingles and etc..., plus a few YouTube videos you might be able to self-roof the place.It's not Rocket Science.If it's tar or membrane it will probably take a professional to do it though.But if it's just shingles, many people do that themselves.Plus i'm surprised they made a loan with 4 layers of shingles, and in such bad shape (if they are shingles).Good Luck!

Hello,I have a duplex with a concrete front yard with a chainlink fence that I recently removed due to being in bad shape.

Hi everyone, Currently I am remote to the suburban Chicagoland market, but I'm looking to get connected with others who are active in the multifamily space in the NW Suburbs.Are there any good, active communities that are meeting regularly that you'd recommend?