Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Even then its often more cost effective to work more with what you have. 

These types of properties require experienced management to navigate the challenges effectively.

I own a 30-unit community and found it much easier and more cost effective than the 1-4 family and flips that I was doing before that acquisition. 

However, with the rates and conditions of any triplexes and fourplexes we could find (we did find one, but it's in the Pendleton Heights suburb of KCMO, so we were worried about it being too dangerous of an area), we were wondering if it's worth it to buy a duplex and rent out the other half to help pay the mortgage, or if it's more worthwhile to rent an apartment and try to save up to buy a residential or commercial MFH later?

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

But, for instance, I sent them a notice of rent increase effective February 1 and needed them to confirm that they have accepted the new payment terms through our electronic payment system, and even after repeated notices, they are not responding.

2.What are the best and most cost-effective solutions for managing this potential long-term issue?

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.