I am not sure, but I imagine that you could also help out and lend your credit to this type of purchase. 

So far I've owned the place for 4 months and have not had any issues with my tenant yet.Am I Happy With My Purchase?

The more that you talk the more potential buyers see what they are dealing with.Lori you purchased a property that was occupied.

Hi, long time follower, however not too much on posting.Goal: I’m looking to purchase a 3 family property in central CT.Position: Currently I own two condominiums that are under an LLC.

I recognize that when my family visits I'm hurting my profitability, but that would be once or twice a year and its part of the selling point to my wife to purchase a property.Where I need help is running the numbers. 

Purchase price will be around $400-450K. 

I’m a new investor who purchased my first rental property this past year, and I’m eager to learn and grow my portfolio.

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Congrats on your first duplex purchase!

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.