It was nice not having a monthly note too, but given the experience I would certainly crowd fund smaller sums to pair with banks like we did with two projects earlier this year.

If you make so they aren't responsible then the tenant will may on the mindset that the water is "Free" and showers will be longer, the clothers washer will get ran for that one dirty pair of jeans, and their cars will stay clean. 

How should I Propose the Inspection period, and should I get All properties appraised initiallyThanksEric Benoit  

The negotiation on this house is already over and I am posting to identify any mistakes I made…almost like posting a poker hand and asking "how did I play this pair of tens?"

They, and they should be used as a pair, allow you to track incomes and expenses.

Dante - Most of the real estate world uses the following as descriptors:2- units = duplex (whether a big house with grandma unit or paired houses)3- units = tri-plex4- units = quad plex or four plex5 + units is considered commercial income property for financing purposes.I have known apartment building owners to reside in one of their units, although I can't figure out the attraction of having tenants able to ambush me for priority attention.

And yes the risk is real and always there in tax sales.Doesn't seem to stop the players though; one pair in Montgomery County that buy quite a bit have been mentioned in one of my links above.

It might be a leveraged SFH in SoCal or a fixer upper 4 family in Cleveland paired with 2 townhouses in Philly, PA.

THe deal we are considering is a pair of duplexes.

For this guy though if you think of the Real Estate Education as a pair of old underpants, Armando is the nasty old sh*t stain.