Invoice produced & signed off = payment.

I am definitely going to be keeping the duplex, as the income it will produce far outweighs the equity I have in it currently, but that now means I have to figure out property management from afar.  

This chart is from the Economic Innovation Group.

Again I can't speak to how much intrinsic satisfaction you get from your work, however - building something from scratch, or re-vamping something real and tangible that has a big impact on a community I'd think might provide a more meaningful day to day.On the pure financial, per above - let's say as an example you could create 200k-250k worth of net worth (less liquid, sure) per year - producing 30k/year income at year 2. 

As traditional small B&B's are, my house is an owner occupied income producing property, but it doesn't fit into "residential" loan requirements.

Then create a patio/entry for each lower unit by a simple screen of an above-ground planter from the post to the stairs, or maybe at an angle to where the stairs begin.The rest is comparatively very simple... don't paint the brick, do the siding in a darker dusty green, the window muntins in a very dark gray (it'll match the black powder-coated hog wire balusters), get a very LARGE round fake attic vent for the gable,https://cdn.shopify.com/s/files/1/2196/8707/produc...and install a clete at the bottom of the gable which will look like a horizontal supporting member for the second-story columns.Lose those shutters, paint the entry doors a very deep, rich color, with the first and second story doors slightly different.

I suspect that as part of what is considered in doing a full blown appraisal, your overall risk profile and DSR (Debt Service Ratio) will be looked at.You have to be careful about your assumptions and ensure that the stuff you're adding to your portfolio is capable of producing the income where that looks favorable, especially if you don't have other earnings (or much of them). 

This was primarily done so I could have more control over my own career/earnings, but I retained every aspect of the company (including it's 4 employees) and re-branded with a new name and mission as she was a great appraiser but not much of a businesswoman.I didn't have the liquid assets to buy the business outright, and it was a bit wonky in the math anyway since I was a top producer, my gross earnings couldn't really be factored in to the totals as I would have made that anywhere.

@Jeff Greenberg do you know the exact date for the meet up in Nov?

Can my SD IRA LLC lend funds to someone that I'm a 50/50 business partner with to buy an income producing 2-Family house?