Reason being is because my brother-in-law is out there who can help out whether house hacking a duplex, tri, or even a quad. 2 question: 1.

So yes, for the new investor, they should absolutely think about the long game - buy a decent quality house or duplex in a decent area, and just plan on holding on to it for as long as possible.

If they put a hole in a wall fix it as face as possible and let them know it's not okay, but accidents do happen.

We bought a duplex as a house hack, preceded by a handful of other SFH's in our neighborhood.

So let’s say you are looking at a duplex (2 unit) as long as the rents total per month from the ( 2units) are equal to or greater than the PITI payment its approved.The way you shop for the home is by sale price and using the loan amount after down payment as your calculation.

Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.However, I believe it's time to transition to a system where the water bill is split between the two tenants.

Working on a duplex right now that'll refi out just fine. 

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Our total gut ran about $65k inculding all new drywall as the walls had an adobe style finish, plus we added two additional 1/2 baths.

This year, I finally made the leap and purchased a duplex and a SFH, all rented, all cash flowing beautifully, but have a question in regards to business structure and setup.