If they Wanted to stay inside a duplex within class A+ neighborhood?

We are closing on a 2/1 condo tomorrow with a small fenced backyard and a metal storage shed.

My rental condo in Asheville, NC was spared damage from the flood, but when the city finally turned the water back on a few days ago, they somehow overpressurized and blew out a fitting inside a wall. 

Do the math at a 6% loan rate.There's a reason many apartment buildings have been converted to condos and sold.

Quote from @Steve NA: Hello All,I am new to investing in general (outside of a condo I have rented over the years).

There are bridge & DSCR lenders that can finance a non-warrantable condo.

I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow. 

About 6 months ago we purchased a duplex using a DSCR loan.

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

Absolutely - East Hill is a really popular area for traveling heath care professionals, as well as military on short term TDY orders who are looking for furnished stays.Keys to success for my condo have been keeping the furniture fresh, and not looking like every other listing out there.