AND the side you live on you can rent out a room or two depending on the number of rooms in your duplex or you have the option to maintain your privacy and sanity and keep it to yourself.  

Airbnb rental arbitrage can work, but it depends.

-Ray (see above) is the man and can get you hooked up with great rates and low-fees!

I have some experience here, and my answer will be it depends. 

The house is a new construction in a Class C neighborhood.The tenants pay late rate ~50% of time, they damaged part of the garage, they have people not of the lease living there, and they leave trash in the yard.Part of me wants to keep these tenants because:-They do pay eventually-I don't want vacancy-The turnover costs could/will be high-How much more damage could they do?

The interest rate is not special nor is the 20% down (80% LTV).  

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out? 

For the most part, due to interest rates, breaking the 1% cap rate still won't provide positive return after expenses.

Is your income considered variable in nature depending on job sites and that you do not work a set amount of hours per week?