Overall, this strategy is less work, less risk, and earns a higher return than the stereotypical turnkey duplex.Alternative 2: For those willing to assume more work and risk, in exchange for a higher ROI.

Not sure what's so amusing about stereotypes.

If you can explain who Ho Tai is and what he has to do with your business then it could possibly be ok.Otherwise it is simply a racist stereotype born ignorance.

@Adam CraigThe stereotypical CPA possesses a different mentality.

If you are not concerned about a debt of $16 trillion then why not advocate for QE 4, 5, 6, into perpetuity?

Are those super cheap properties in ghetto areas with chronic perpetual poverty?  

This myth (that rentals are easy money) has been perpetuated by the myriad of people who make money from the newbies.

I recently came across the idea of possibly purchasing lots within the city and considered putting Duplex and triplex modular homes on them as they are a good price and have come a long way from the stereotypical "trailer park" look they had back in the day.

That bad press and stereotypes of real estate investors create distrust? 

This is wishful thinking that is constantly perpetuated by many out of state providers on BP selling the dream by telling newbies anything they want to hear just to close the sale ... don't be one of them.