My wife and I are tied to this area due to being in proximity to family and we currently enjoy a farming/hobby farm lifestyle that is a big part of our family culture.

Do you think a duplex is generally a better investment than a single-family home for rental purposes?

Quote from @Edward James smith: Hello, I currently own a single family house with an ADU, and a duplex.

Yes 1k sqft is small but probably much better than living with family.

Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction. 

Investment Info:Single-family residence buy & hold investment.

I'm involved in too many things, but that's what happens when you have a family and kids to support.

Is there a way to reduce the amount of hours so you have more time for other activities?

Investment Info:Single-family residence buy & hold investment.

In any event you can see what the SEC thinks of modernization here:https://www.sec.gov/news/press...I have read of late that small family offices can pool non-accredited investor money to qualify that entity as an accredited investor.