Reinvest cash flow from your duplex into savings for future deals.    3.

Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.

I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.

It’s a fit for your vacant unit or future buys.

my initial thoughts would be it may be a slight turn off to potential future tenants when the fire alarm goes off.

It will be a great future epsiode of American Greed.  

Wishing you all the luck in your future. 

Quote from @Rose White: When is the best time to ask your new / possible future tenant for a background check?

Personally, I’ve been exploring opportunities where growth patterns and infrastructure expansion hint at future value increases.

Hopefully we will be managing a handful of other STRs in the same market in the future.