My wife and I just closed on a duplex in Oakland, but the basement/garage was already converted into a separate living space with a bedroom and bathroom.

Because if you need to live off the cash flow what you're really looking for is a business. 

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us.

A lot of people go in expecting these programs to completely change their lives. 

We live, office, and Property Manage in Queen Creek and love it!

My name is Montse, I’m originally from Spain, and I currently live in the Netherlands.

You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.

I live right in Glastonbury and I serve the greater Hartford area.

It is live and able to be edited or changed anytime.

(or if they're primary buyers, they don't care about yield, since they're going to live there.)i just went to visit two very distressed properties yesterday that i would buy.... if they were priced 50% lower.