Sounds like a great plan. 

You will take care of repairs under say $200 or $300.

It’s a good plan, to me at least.

Quote from @Colton Bridges: I recently bought a duplex that I plan to convert to a fourplex.

Quote from @John Paul Palace: Our plan was to invest locally, however our market here is tough.

How do you plan on getting the houses?

I care about income waaaay more than cashflow.

Assuming you have no plans to buy another rental, then pay off the one with the highest interest rate first.

I dont see how the risk would be reduced on second mortgage unless you are planning to hold the property in some type of llc.

.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.