However, higher fees do not necessarily indicate skills.Final ThoughtsA skilled property manager can save you time, minimize risks, and boost profitability.

Too far above risk-free HYSA or money market yields. 

That’s okay, just accept the risk of a “surprise”. 

Duplexes cash flow better, have less risk, AND EASIER TO MANAGE compared to a SFH.  

However, I've always thought of the state of Iowa as home first and the investment potential second. 

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

@Robert OkChoosing between single-family homes (SFH) and multifamily properties depends on your budget, risk tolerance, and long-term goals.

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck! 

Arguably, Kay overemphasizes the risk of taking on debt.

I've been here since the beginning, or real close to, and am happy to help you navigate and learn the site.As for where to invest, it depends on your goals, your tolerance for risk, and how much control you want.