Just bought a duplex, next move?

[Wilson Rith]

I just put 20% down and closed on a duplex last week. The plan was to rebuild my savings and buy a single family home in 3 to 5 years, and have our main unit in the duplex cover the mortgage of the future SFH. Than buy a triple or quad after.

Which would make it a 5-7 year plan.

This is slower than I’d like. Since I already have 20% down, should I thunk about take a home equity loan and keep my out for the triple to quad now?

Also, I just have the one unit. Should I make a separate account or just deposit the monthly rent to my bank account but separate the finances in the book keeping portion?