This may mean the property is owned for duration of the rehab, but once that is done do we still have to wait the whole year to refi?

-What is the typical or recommended duration for a purchase period duration limit?

I have rent rolls, rent rates, duration of time that tenants have been residing in the homes etc.

On the other hand,If you are looking to build long-term wealth and you don't need the CF then by lowering the duration of the loan and paying it off quicker, increasing your net worth shouldn't be difficult.

We've been using a property management company for the duration, and I suspect that they would have a pretty good idea of some deals to be made.I'm just not sure how to utilize this equity that is available.  

The contract (purchase order) has to state so, the amount of the purchase price, the duration, and any contingencies.

I have not found a single family house but would look to spend around $350k with a 20% down payment.The multi family house I have found and am considering purchasing is a duplex that is outlined below:Asking Price: $500,000Loan DetailsDown payment: $100,000Loan Amount: $400,000Interest Rate: 4%Loan Duration: 30 yearsRent RollUnit #1: $2,500 (owner occupied)Unit #2: $2,000Annual ExpensesTaxes: $17,500Insurance: $2,500Other: $12,000Capital Expenses: $40,000The duplex is located near NYC, one block from the train station so it is both convenient for me and should be no problem to rent.My questions are listed below: At what purchase price does this duplex make sense for a buy and hold strategy?

I just had an experience with tenants of 5 1/2 years' duration who always paid on time, informed me whenever there were problems, and never gave me a moment's worry.

With LLCs, earnings typically 'passes through' to the owner of the LLC and you then pay taxes just as you would individually.If you plan on long term real estate investing, the duration or life of the LLC may become an issue in securing certain types of financing – especially under the name of the business entity.

I see a lot of people forget to add in the cost of utilities with their holding costs for the duration of the project, especially if you are having contractors working there.