Duplex cash flow question!

[Jessica Hughes]

Hi, I am new to investing and I am looking for my second deal. There is a duplex for sale that is actually a 15 minute walk from my house. Great school district, fast growing area, pleasant middle class neighborhood. 

It is fully occupied with the leases running out in a few months. The cashflow at the current price and current rent would only be 200 a month for the entire thing, but I was wondering if it is worth it to just buy something that is immediately cash flowing day one with the intent to raise rent later, or should I keep looking for things with a higher cashflow (which seems to be difficult to accomplish right now in the DFW. My first property is fantastic, but there was a lot of luck and right place/right time on that one)

I dont mind being patient if its lower risk. I want at least 10 properties before I begin financially riskier endeavors. But I also dont want to throw my money in a cash trap.