Out of state investing

[Barton Louie]

Hi BP! Trying to buy first investment property out of state. Whole seller sent this to me. =============================== AskIng prIce $14,500 He would be willing to seller finance at $10k down on a 2 year term. Property is 100% tenant occupied. Tenants have been there 2+ years and are both currently on month to month leases. He pays all utilities as landlord because it is a duplex but it is zoned as a single family, so none of the utilities have double meters. There is one gas, electric and water meter for the property. These are his average monthly operating costs for the property: Gross Rent: $1100/month Water/Trash: $170/month Electric: $168/month Gas: $66/month Taxes: $100/month Insurance: $67/month ======================= It’s a 4/2. So 2/1 each side. Saw he said it is a duplex however zoned as a single. Is this a problem? Barton