Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

In Portland spending 30-60 would be reasonable for a trashed property but you could spend 200k if the area allows a total in of 200 plus the purchase price. 

My 2-bedrooms (if you're starting from total scratch) cost about $6k to furnish.

I purchased with a VA loan and negotiated for seller credits, so total out of pocket expenses are $575 for the house (pretty excited about that).

It took me less than 6 weeks to finish all of them while working a full time job and they had an exam prep course that is totally worth it so you pass the test the first time :)Best of luck!!

And, professionally, I have been in the world of kitchen and bathroom construction and design for a total of about 9 years. 

Totally Off grid with micro hydro,48v dc to Pure sine wave inverter(5500 watts) New Trojan Batteries (Renewable energy) Have two springs one is for drinking water and other is for water turbine.(90 gallons per minute and 175 foot of head/drop in elevation) still a project in progress as we have plans to convert into a functional micro farm with greenhouses etc producing all natural Non GMO vegetables that are ORGANIC.

Totally Off grid with micro hydro,48v dc to Pure sine wave inverter(5500 watts) New Trojan Batteries (Renewable energy) Have two springs one for drinking water and other is for water turbine.(90 gallons per minute and 175 foot of head/drop in elevation) still in progress as we have plans to convert into a functional micro farm with greenhouses all natural Non GMO vegetables that are ORGANIC.Breaking ground on year round heated greenhouse this summer.2019 What made you interested in investing in this type of deal?

It seems like it has the potential to be a decent house hack where I can live in one side and rent out the other side, but I am analyzing it as if I were renting out both units.Here's the overview:Seller accepted my offer of $90,000 (they were originally asking $95,000)Similar sized duplexes rent for around $1,500 total ($750 per unit)The total gross rent would be about 1.6% of the purchase price.I can get a conventional 30 year loan @ 4.5% interest, with a 5% down payment.Mortgage payments with PMI would be around $469 according to mortgagecalculator.org (not including taxes or insurance)Using the 50% rule of thumb to estimate expenses, I might be able to cash flow around $140 per unit.Here's what I found out when I went inside:There are 2 new forced air furnaces.Updated pex and PVC piping.Updated electrical wiring with separate panels.2 old corroded hot water tanks.

With an online code I paid $75 total for the education for my state.