Many will say no and are happy to stay within the pure home owner space.

So, if you are lending money in an IRA / 401(k) fashion, there I would tell you to do it more as a pure lender.

The location is purely a matter of math.

If you plan to owner occupy it can make sense here, but from a pure investment point of view you should compare possible duplex cash flows to other markets, before you invest too much time in this market. 

I am about 2 weeks into BP and I analyze deals daily from pure MLS listings in the above mentioned websites.

So from purely rent, rehab would not make financial sense.

When you live together, friendships form and it's hard to keep it "purely business."

I've got a list of properties to go after but I'm purely limited by man power and faster cash. 

in regards to @Will Fraser It might not always be the pure insurance premium cost that makes a difference on any given deal from state to state, but I will say the underlying cost such as a wind/hail deductible is generally higher in Oklahoma/North Texas than most places as we are historically more at risk.

I just think having the profit secured for you, and making the cash flow a more predictable number will help you all mutually benefit from this transaction over you and your husband putting $100k into the game for an eventual $2m in liabilities and hoping to hit the break even.All those numbers are purely hypothetical of course, but I would probably talk one of my clients out of jumping on this opportunity as you phrased it.