Since he has moved in, there has been a myriad of sports cars and expensive motorcycles that have adorned the driveway.

My wife and I are tossing around the idea of selling our current home and buying a duplex, moving into the vacant side so we can purchase with less money down and begin our investment journey.here are the details:Sale Price: $250,000both sides are 3 bed 2 bath with one car garagethe listing says the occupied side rents for $1,100location i would classify as high C low B, mainly because everything around is rentals.2853 Hemlock Ct Cape Girardeau MOThoughts, Advice would be greatly appreciated!

This cost of debt comes through where people have to borrow to afford the item, like a car, or business Capex and of course, a home.

If you want to build an expansive network of investors who want to work with you you should be ethical and licensed as it automatically gives you more credibility.

Quote from @Carly Mendel:  The loss reported on the K-1 can be used to offset your personal income, so make sure you're taking full advantage of that. 

If you personally manage a property and personally do a negligent act that is a breach of your duty as a manager or owner you will be personally liable, even if you have a dozen LLCs, ie you drive the company car drunk or run a stop sign and kill someone prepare to be sued and be held personally liable. 

Purchase price: $65,000 Cash invested: $45,000 Sale price: $155,000 Contemporary Elegance with a Two-Car Garage in the Heart of the Portland Neighborhood!

That way the interest rate will adjust in a year automatically. 

As with most extended warranties such as cars, electronics, etc your almost always better off self insuring. 

Not sure why you'd need parking for 3 cars, but having off street parking is a good idea.