A duplex in Bellevue (Northern Ky).

I’ve been investing in the Tampa market for over 20 years, and in just the past year, I've bid on several mid-size apartment buildings and at least a dozen duplexes.

We have brand new duplex's in A and B areas there for the same price as a $550K townhome in Seattle.

Individuals owned their own home, or a duplex in which they were both owner occupant and landlord.  

I own several SFH, duplexes, triplexes, and a quad but I'm in discussion regarding a 13 unit mixed use property that is of interest to me mostly due to location (I own several properties in the area and it's near me and I have a good pulse on the town). 

We've been honing in on a pretty good development/investment formula that is working for us where we buy an existing single or multi-family house that can be improved or easily split into smaller units, and then we also add small new construction units to the property (townhomes or duplexes or cottages) and, generally, we rent them all out (though we have sold a couple of single family rehabs and we may sell the units in our next big project...

Purchase price: $35,000 Cash invested: $45,000 I bought this duplex and it was a full rehab.

a toddler is going to grab a sharpie and have at your walls LOL.. 

At the end of the day my biggest regret is not buying a duplex to a quadplex with a FHA loan. 

Quote from @Jaron Walling: This market has rental properties in a gridlock.