You could even use this strategy with your extra cash to buy in cash, do light remodel, and then cash out refinance most if not all your equity. 

I then went ahead with the light remodel as planned and my wife and I moved into one of the units.

I currently live at the 9th St Light Rail in Hoboken and they are marketing the hell out of the new apts at Watsessing and Bloomfield Ave.  

Great book that talks about investing in a different light, not giving you strategies but looking at it from the reader's relationship with money and how their psychology plays into their preferred methods of investingGino

Completely different process and loan product. 25% down is likely light, but it's market dependent. 

Once you buy your first duplex, it is best to do a light-cosmetic SFH BRRRR or duplex BRRRRR.

You'll be light years ahead of the world in 8-12 years, just be disciplined not an impulsive floozy. 

I have light handy work from helping in my wife's business.

Me:  Can you go down to the cellar and check the pilot light?

Maybe add a desk AND a murphy bed so it can be used either for a second bedroom or an office?