Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

@Jonathan Orr if you get a chance, watch the NFL draft this Thursday-Saturday, not for the sports part of it, but to monitor the thoughts about Detroit from the visiting media.Us Detroiters are expecting a LOT of positive feedback on how the city has improved in the last 10 years.PM us if you'd like to chat:)

I would bet the duplex brings in more per month.

If you have a 2.4% rate on your first, a 2nd lien or HELOC is likely going to be your best bet to access the equity without incurring higher rates via a refinance. if you sell you wouldn't be buying a "second" property anymore. 

Similar to what others have said a Property Manager might be your best bet.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

If something goes sideways, I would be willing to bet 90% of these single owner LLCs formed for "asset protection" would be easily accused of piercing the corporate veil, and collapses the whole thing anyways.Depending on the state you are operating in, even if you use a Wyoming formed LLC, you will likely be required to register in the state you are operating in, which may require disclosure of that information you don't want to give up already - check to see what those states require for disclosures when registering a "foreign" LLC that is operating in the state.Literally no federal income tax benefits to where your LLC is registered. 

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

Providing services is often more lucrative than investing on a small scale anyway.If providing services isn't your speed, your best bet will probably be to partner with someone.