Sorry, I might have posted the same acronyms incorrectly in another post as well.

., @Chris Martin, and @Steve BabiakThanks all for chiming in I appreciate the knowledge transfer that you are doing.Yes, I referred to them as quads probably incorrectly and from now on I will just say duplex to not confuse.

I had not realized that I posted in the incorrect area.

So then the OP is incorrect claiming his property is at an 11% cap.  

The vast majority of insurance people out there do not understand this because the majority of them are not active investors themselves and because of this, provide incorrect information and either inferior products and in many cases, based on my experience, the absolutely incorrect product altogether.

As an FYI to those that may be following this thread, the url posted by Brian is incorrect (an honest mistake).

Whenever there's a question like that, IME it means that the underlying assumption is incorrect or illegal.  

If I am reading information incorrectly can you please assist me if possible.

If I am incorrect, my apologies.

Perhaps I worded that incorrectly; but you know what I meant..Thanks for the link Steven; awesome.Hi Ian, the way you explained it really made sense .