There is no law against getting a second lien either fixed or as a HELOC in Texas (as many believe), as we do them every day.

I can write all day.

I think with about $5-$6K in funds you should be able to recoup the initial investment in 60-180 days. 

I agree that with one property you can just use OTA pricing tools.  5 mins a day for adjusting and you will save money and do it yourself.

Meaning that the owner of the property will have a property and license to rent out these 8 units individually per day or months. 

So when you hire that able handyman and give him keys to all of the apartments and the security codes without learning that he is 90 days out of prison for breaking and entering and committing assault and kidnapping your umbrella coverage may not help.And, these days, a million dollars of coverage will deal with the contents of a small truck that you sideswipe and it bounces around a little with the electronics inside.

The duplex has been sitting for 90 days and is 3 times more than All single family Homes with the 3 beds and 3 baths in the neighborhood.

We have several different people lined up to clean ours depending on time of day and how much lead time we have.

It rarely happens these days. 

In NY tenants have to give 30 days notice before they move out to give me time to rent out the apartment again.