@Jake Baker, believe it or not, my accountant said to only make 1 to hold the three properties we have. 

I would structure this so the lease is between you and the tenant, the corporation and an officer are guarantors that gives you three parties to recover from. 

A lot less and better quality, I’m in Detroit you can imagine all the junk the big three brings here and making low quality cars.

I'm closing on a duplex next week.I crunched the numbers lots of different ways and it will cash flow when fully occupied but only a couple hundred a month.There are other locations in my market for sale that are way over priced.As a general rule of thumb I try to keep my units around $50K each for a single bedroom and $75K each for a two or three bedroom unit.

He got the owners Lucy and Charles Petri of Omega Realty to buy this house without ever seeing it in person and they still havent seen it to this day. 

Check them both out and there are other ones out there, I would check three out, do a demo and pick the best one for you! 

I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.

The current lender could appraise the smaller parcel and perhaps determine the collateral is sufficient.

The other three get Notice for Increase in Rent. 

The tenants mentioned few times it will occupy the working hours because the handyman needs three days to finish.