.- Do you use spreadsheets for managing the property, tracking financials, purchases, repairs, etc.- maintenance and communication bottlenecks.- any tasks you wish were automated.I am not selling anything so you can relax. :-) If you’re open to sharing your experience, I’d really appreciate itThanksLokesh

The repairs were mostly repairing drywall, some decking, some flooring. 

When I look at the numbers of these properties it seems like a few couple hundred dollars in cash flow and thousands of dollars in fees, repairs, and maintenance? 

Separate your repairs from improvements.This one matters for taxes.Repairs = deduct now.Improvements = depreciate.Mix them up and you’ll either overpay taxes or trigger recapture later.2.

Reserve accounts for repairs or emergencies usually stay with the seller unless you negotiate otherwise.

As lenders, we match up repairs against the Scope before every draw.

Definitely get a second (and even third) opinion before moving forward with any expensive repairs or upgrades.

Most investors here adjust DD based on the property’s condition and competition.2️⃣ Your inspections still matter.Even though the seller doesn’t have to fix anything, a strong inspection report gives you evidence to renegotiate if the seller wants to keep the deal alive.Plenty of sellers agree to repairs or credits because losing the deal means re-listing and explaining those issues to the next buyer.3️⃣ You still get your earnest money back as long as you stay inside the DD window.So at least you’re not losing everything if you walk.4️⃣ And honestly the DD system filters out unserious buyers.Which is why sellers like it, and why North Carolina deals usually close smoother once DD is paid.I agree it's different, and it feels harsh at first, but once you start knowing how to play the DD game, you realize you still do have leverage just at different stages of the deal.Happy to break it down more or talk through your specific deal if you want. 

You can still deduct things like mortgage interest, property taxes, insurance, repairs, and depreciation, which can add up to significant tax savings.As others mentioned above, you might find doing a cost segregation study beneficial to accelerate depreciation, and you could also explore whether renting the whole duplex as a short-term rental makes sense.There are a lot of things that go into this.

Over this time, I’ve learned a lot about tenant management, repairs, cash flow challenges, and the ups and downs of being a hands-on investor.I’m also an app developer.