For example, a few years back, I was working with an investor who wanted to break into the Phoenix market - a solid choice, by the way, because of the rental yields—and we ended up uncovering an off-market duplex that wasn't even on her radar.

So many people are buying for $700k improving with $300k and now that property is worth about $1.5 You could also buy a duplex and turn it into a 4 Plex with ADUs : increase value/ equity and also cash flow. 

For the basics I'm looking at a half acre of land for 150k Duplex Manu 3/2 1900 sqft per side 230KConstruction is roughly 150kThe rent minimum i would expect is 2500 per side and could probably stretch it a little because of the amount of land they would have access to.

My wife and I own a condo as our primary residence, we owe 216k on it.

I'm also a licensed Building Contractor looking to invest in condominiums & duplexes.  

Many investors will do a duplex, make one side a long term rental while the other side performs as a short term rental. 

It's a 2 bed 1 bath ~900 sq/ft condo and the entire thing is painted black & dark blue right now. 

Quote from @Darrell Kirby: I have an agent that has been attempting to sell my property(Duplex) for 190 days.

:)  Happy to talk 1-1 about ideas as we're finishing up our current remodel project on a duplex in Beaverton.And good luck with the search, hoping to hear great news so I can draft off your learnings when ready for my next one!

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.