After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

We've run about a 20% vacancy rate. 2 of our MTRs have been great, the third we sold after it wasn't generating enough inquiries over two years of effort.

I'd try to get a 6-month lease at a below-market rate to attract a tenant.

Higher turnover rate of tenant2.

Rising interest rates, slim margins, and unexpected costs can kill a deal fast.

The interest rates are terrible. 

Im more a hands on learning definitely and as far as living in a unit i couldn't yet because its out of the kids school district  plus the limited space. but thats the goal, to buy a small air or inn to manage and run for work while still renting in our district and then looking to buy since we're renters again!

Also be aware that cash out refinances typically have slightly higher rates than initial purchases or just rate and term refinances.

I did a quick look and violent crime rate almost double that of Illinois as a whole. 

Are $300/squares for GAF HDZ good rates.