Is it common to purchase a home with other debt?

I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!

Common sense. 

This has led to what’s commonly called “interest rate jail,” where homeowners are reluctant to trade their low rates for higher ones in today’s market.

I know this is a common question but wanted to hear specifically from investors or realtors that are seeing MLS cash flow for 2-4 unit properties.

A few more "common sense" steps would be to mark depth, post "at your own risk" signs, put "at your own risk" in listing/guest agreements. 

NOW it makes sense. 

Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!

STR Property management is common and I know a lot of folks doing this.  

We get paid the same whether you take a higher rate or buy down, but there are absolutely times when it makes more sense to do it one way or another.