I have high equity in my current duplex so planning on using that to fund down payment for the next property.  

At the end of the day, losing $10k is really not a lot in the grand scheme of real estate investing, and given the seeming high volatility of this market ($275k to $220k, presumably in a matter of months), and the generally high monthly cost of HML, I would get out quickly and think of the loss as the cost of education.At least in my area (Cincinnati, OH) I don't see the market dramatically improving even as we get into the spring buying season, and, honestly, I only see mortgage rates continuing to climb for the foreseeable future, taking more and more buyers out of the market.

What I wrote above does not create an attorney/client relationship between us.

My advice would be to really focus on placing a quality tenant.

I appreciate your responses  @Makani Donaldson Leveraging your existing relationships will probably much easier than trying to find someone you don't already know agree to help you out.

Wyoming offers a high level of privacy for trust creators, trustees, and beneficiaries.

They have to be tweaked on a regular bases and most of the time it is due to it throwing out some crazy high ridiculous prices for some dates.

We've used Reg D 506(b) for our syndications and ONLY communicate with investors that have a prior relationship with us.There are two illegal activities that I see all the time. 

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

I do manage some properties near ACU & HSU and I would highly recommend that area.