Keep in mind the interest you pay on the investment property mortgage is a tax deduction, so take the fund from the bank and make another investment.Don't forget to get a mortgage with a revolving HELOC.Good luck.  

I've seen a few iterations of this format, but I don't have any first-hand experience with any of them.If you don't mind the idea of a revolving door of guests through your duplex (which does not have to be a bad thing; people have different feelings about it) then it could be worth looking into.  

Exit Strategy: Since you are likely renting by room while you are living in the property, make sure you have an exit strategy revolved around renting the property out entirely or selling.

@Cam Coplin & @nick Soral, I did a commercial $1M umbrella quote for 3 locations in TN and 1 in CA for $400 per year. 

I realize your question revolves around clarification of fees, net, gross, etc.

I have had numerous issues with the company that I won't get into detail here (mainly revolving around overhead and surprise fees), and I wanted to note that they are a part of NARPM. 

Motivation doesn't revolve on "money".

My entire system revolves around message resonance.

I was able to use a revolving line of credit to front the purchase and rehab.

Because Destin/PCB revolve around these income generating properties, most will list with annual performance numbers.