Buying and holding multi family units

[Luke Nelson]

My wife and I are in the market for a duplex. We live in the Minneapolis area where rent prices are very high. If you can afford a down payment, ownership can often be cheaper. 

We are looking at buying a duplex and renting out the other side. We know plenty of people who are looking for places to rent.

We do not want to accumulate a ton of debt but would have no problem borrowing if we are able to cash flow all of the properties. 

Any other suggestions for buying and holding properties?