How to analyze a live/rent duplex?

[Matthew Botos]

I'm looking for a live/rent duplex in Denver and following the BP Analysis guide. I've been treating them as full rentals to do the math and gauge the deals. 

My goal is to offset some of the costs of living in an expensive city, and ultimately generate more rental cash flow. I'm not aggressively looking to flip or house hack, so living in a place I like is an equal factor.

How would you analyze such a live/rent duplex deal?