It will at least give you an idea if the PMs records are way off what you think they should be.

Posts like this are part of my journey to learn, network & connect with experienced professionals like yourself who have valuable insights to share.I also want to apologize for the late response—it’s been a busy few days, but I didn’t want to miss the chance to thank you for your input.Looking forward to learning & growing in this space & who knows, maybe one day I’ll be offering you in on an investment idea or I'll be the one offering advice to new investors!

I have been seeing ideas for investing in a laundromat.

Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

I guess the idea is to use the equity from one property to purchase the second property, and so on.

And you have a new primary residence.If the idea of a year wait to get into your next primary is too long then sell your house now and buy two properties - one duplex and one primary. 

A person who has spent his 2000 to 4000 minimum CPA practice hours doing foreign currency conversions at Deloitte for a Belgian energy company may not know the first thing about real estate or anything else.

Do you know what you are doing based on actual practical hands on experience?

The idea of getting a duplex seems great, but I am having trouble finding anything on and off market.

To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process.