General negotiation-- I like Getting to Yes.

I haven't been able to find many duplexes out there that make sense, but you have a great deal there.Since I'm out of state, I'm working with a few turnkey operators now, but toying with the idea of leaving my job and moving out there to invest once we build a modest savings!

and do you have something better to invest that equity into or are you just going to go out and buy a bunch of toys?

I've been browsing the ABQ real estate offerings out there and there seem to be some good deals out there (I've toyed with the idea of investing out there as well).

you need to look for good cash returns otherwise it is just another shiny toy that costs you money.

However if you agree to a little higher rent now, I will only raise it to Y."

Speculation in RE is very risky stuff, not something to toy with unless you have a lot of resources (i.e. you can afford to lose big).

I would not do it and instead spend my 30's traveling and blowing all my money on toys so that later in life I could just mooch off the government.

I am toying with the idea to cross over into NNN commercial that can generate at least 8% for a more passive investment.My most recent deal, April 2022, penciled out just under 6% initially ($34k), but was bumped up to 8% ($40k) by COE.

If I get a repair bill for kids toys in the toilet I push back and ask that the tenant be charged and I should be reimbursed.