When looking for a duplex, don't forget to consider the possibility of 2 homes on 1 lot...some good keywords would be things like 'granny flat' or 'in-laws quarters'.

In addition, I tend to do things like install quarter-turn shutoffs on all the water lines, make sure smoke detectors are installed, all lights are working etc.

Add 31.25 for every quarter percent you get above 2%.

Here is NationStar's SEC filing showing in the table at the top of page 34 that REOs cost the company millions per quarter.

You need to run payroll, file taxes (quarterly?)

Are you up to speed on taxation of the SD IRA?

Considerations must be given to population concentrations, traffic, utility services, fire protection, taxation, etc.Social trends are important to understand.

Inventories of existing homes for sale have continued to improve over the last two quarters, declining from 3.2 million in the second quarter to 2.4 million in the fourth quarter.

They can turn around and sell and pay no tax at all.

Ken Latchers - Thanks for the feedback, I really appreciate it- I'm pretty sure I addressed or have thought about your concerns at this point-1) I found a cost effective HSA/high deductible plan which should fit well, 2) Agreed- the lack of recurring, reliable funds is a trade off 3) I will have $50k in cash reserves, plus already have a RE LOC at $50k, credit card max of $30k, and 3 F&C properties just in case, 4) I have already secured the funding to continue growing over the next 18 months at the current rate of 2 properties per quarter.