Hello, I am under contract on my first Duplex. 

Quote from @Vincent Cavalieri: Hi all,In the last 6 months, my partner and I have taken a big interest in Real Estate and the benefits attributed.

I'm looking to transfer both my Traditional and Roth IRAs into SDIRAs and want to get a clear picture of the good, the bad, and the ugly.

But I’m thinking of getting into STR investment and become more active.I’m a complete newbie to short-term rentals (STRs) and eager to wet my feet in this area.

My two cents but the ship has sailed for short term rentals in this market.

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

To maximize my cashflow and gain landlording experience, I’d do STR and MTR in the other units, as well as the other bedrooms in my unit.

In that process, I got my real estate license to buy the house and save on fees. 

One of my quotes, "Repetition is the mother of learning," is that the more time you run analysis and comps, the easier it gets. 

(As I navigate my service business, I've realized that there are more lucrative avenues available.