Hi Robert,Given you are looking to buy another rental (long term), a cash out refinance on the existing property would be a good play here.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

Roof lines, window styles, and masonry/siding all play into this natural flow, and the biggest mistake you can make when designing your flips is not following the flow that is already present!

As a true south philly guy the neighborhood identities are different and bias may be at play but if you start looking into comps you would be surprised.

If you ever want to chat more about this... or if you're curious how these strategies play out in markets like Austin or Scottsdale... feel free to reach out.

@Michael Fucillo haven't played with RentVine also.Would recommend Buildium for what you need as it covers all the basics.Everything else is more geared to managing for others.

But, if the deal is a true ABL play, I may not even look at a credit report at all.

Now, in 2024, we're seeing $4,000 per month just on the main unit and $1,800 on the other unit of the duplex.Long story short, it's a long term play.

How will it all play out? 

I can't recall one ever sticking around to play it out.