This is not worth the effort and risk of owning a duplex.

I KNOW I am not up to Accredited.It seems to me to be "backwards" thinking that there is LESS risk to a 'novice' in a FUND since the risk is spread out over many Notes and professionally managed, whereas an Individual Note seems like it would carry WAY more risk, especially picking the 'right one' for your investing goals, budget, etc...? 

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

Borrowing against securities is a high risk proposition.

That will involve settling on your plan for renovating.

Just a builders risk policy if you are doing an extensive rehab on the property and then a landlord dwelling policy when the property is rented.

The more properties you acquire and refinance, the greater your returns can be.Potential Risks and ChallengesWhile the BRRRR strategy has great potential, it’s not without its risks:Unexpected Renovation Costs: While you may expect to rehab a property for a certain amount, surprises can arise, especially with older homes.

Trust me; you don't want to miss those crucial dates and risk losing money or even blowing the whole deal.

For this being your first project and it being around two years, you want to underwrite in a way that minimizes your risk and maximizes your cash flow.Key Considerations for Underwriting This Deal1.

Unfortunately almost every franchise involves renting the occupied space when the property would have made more money than the business.