I've noticed in my area that houses that have been converted into 2 units tend to sit on the market for much longer and sell for much less than traditional single family houses with similar sqft and finishes.

A wise investor will not try to get rich quick with shortcuts.

Probably same as the other guys.I of course agree that nobody faxes today (at least not in the traditional sense).

A wise investor will not try to get rich quickly with shortcuts.

Found it utilizing a realtor the traditional way.

Call me Rich.

it's just this quarter's get rich quick scheme.

I am trying to understand if it makes more sense to take out a HELOC to buy the 2nd property in cash or just use that for the down payment and take out a traditional mortgage.

I registered our rentals with them and didn't get a hit although I have been getting inquires from other insurance companies via traditional listing sites.I'm happy to inform all of you that  after I posted  here that we are fully booked again and received multiple inquiries when I listed one unit at a lower rate until demand picks back up.Thank you all for your insights, they were very helpful.It was just the strangest thing, after bring fully booked with multiple properties since 2016 I guess there is just more competition and less demand so we really need to stand out.

At closing there is no difference from a traditional sale/purchase.