In my market, the buying season slows down considerably after August. 

Yesterday the property was inspected and a few things came up that I’m unsure about.For starters there are a few active water leaks (one from the kitchen sink drain) and another that’s in the wall but the drywall is clearly damp.

I'm putting this right here under fees because technically if your property manager is SLOW this is another hidden 'fee' that will eat away any profits you are projecting.

I'm not saying housing is getting cheaper but things have slowed from the way heights in early 2018.

@Peter RoehrichRun a report on homes that have sold fast in a medium to slow market and investigate pictures / details.

The issue down the road can become your DTI’s and slow down your investing.

Duplex for sale: 2- 2X1units - slow appreciation area small town in SCPurchase Price: $137,900 Down Payment: 25% - I was told that I'd have to have 25% down for an investment purchase(Big Bank - still shopping around)Loan Amount: $105,000Intrest Rate: 5.5%P&I: $596.18Taxes: $72Insurance: $48ARV: ~150,000 - $160,000 - I based this off of the price of the surrounding propertiesBoth Units currently rent for $560- which is significantly lower than market, so would look to increase to at least $750 per unit = $1,500 monthly.The property is NOT in horrible condition, and I know that the properties are rentable without rehab, I'd budget approximately $7,000 to rehab and get the units more up to date for higher renters.Trash, utilities, water and sewer - expected to be paid for by tenantsPotentially will hire a local PM to manage the propertyAlso, hoping I can get down on the purchase price as well..I tried using the BP calculator but not sure if what came out was good or bad.Thoughts???

Was the BK just to slow down the foreclosure?

I need to replace a 2-tub sink with a large 1-tub sink, so I'll be going from 2 drains to 1.

But market surely slowed down a bit compared to last year, hoping to pick right back up in few weeks or so.