This is not worth the effort and risk of owning a duplex.

Of course, growing has inherent risks involved.

This will allow you to mitigate risk on the first property but also allow you to do a cash out refi on the second, so now you have access to tax free cash that you can do with whatever you please.

Owner RE has work and risk.  

That's one of our biggest risks it seems, however, ND is more friendly than the MN side.  

The right strategy for you is going to depend on a few things, like your risk tolerance and how much cash flow you need to hit your goals.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

Prove that up to the seller so that they know you are a great credit risk. 

For this being your first project and it being around two years, you want to underwrite in a way that minimizes your risk and maximizes your cash flow.Key Considerations for Underwriting This Deal1.

If one of the greatest investors of all time believes stocks are overvalued, this may be an opportune time to shed some risk and move into a more tangible asset like real estate.The Rochester housing market is a great place to consider for investment.