The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

I am not allergic to doing work as I have a lawn care business which is labor intensive.

Set clear terms in writing so that it’s “official,” which can protect everyone involved.Renovation Phasing: If the reno is intensive, consider breaking it into phases.

, reducing your housing costs.Potentially higher cash flow.Cons:More intensive management (two tenants, two leases).Can be harder to finance than single-family homes.May not appreciate as quickly in some markets.Here's where I need YOUR input!

If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work. 

Got a call from the tenants mother on Tuesday morning - she said her son (my tenant) was shot nine times this past Saturday & is in intensive care, surgeries, etc. 

Also with plans to reduce industrial "intensity" in and around residential areas. 

Now, in 2024, we're seeing $4,000 per month just on the main unit and $1,800 on the other unit of the duplex.Long story short, it's a long term play.

As a side note, my wife and I work full time and are looking at strategies that are less time intensive.

Keeping it friendly and low intensity is more likely to be successful.I recently offered to completely replace my neighbor's fence next to my rental and they said "No".