. [$2000 - $3000 /month]7) Drive said paid traffic to your credible website WHILE you focus on SEO (to start generating free actually motivated seller leads)8) In about 3 weeks to 1.5 months you should see a steady flow of leads coming in9) If you did a good job with your ad targeting, these leads should make you about $20K to $30K the first few months10) Now you hire an acquisitions manager and a receptionist [$4K to $7K/month] but you don't feel it because you are making about $20K/month11) With these people in place, now you can scale to double the deal flow, so you are now at $40K to $60K/month12) Now you triple your marketing budget13) Scale income even more.14) 3 to 5 months have passed since you started this and suddenly your first organic leads start to flow in.15) Now your profit/lead has doubled (organic leads are WAY better than paid leads)16) Now within 6 months you now make $100K+?

Taxes are the biggest challenging with investing in SC - the investor tax rate is about triple the primary residence rate - but the rental rates take that into account and there is a serious dearth of rentals in this market. 

There's MANY reasons I don't like duplexes:Generally, lower class tenants (and that's a deal killer)You're dealing with a commerical property... harder to buy, sell, manage.Your management and maintenance will TRIPLE over a SFH of the same value.SFHs hold value better and you sell them to an end user, NOT and investor..... except typically new investor that are not skilled yet, try to buy duplexes.Also, tenants talk to each other... last thing you want.

Monthly Expenses = $2800 Per Month: Current Management Team = $1000.00Insurance = $224.00Real Estate Taxes = $92.00Fiber Optic High Speed Internet = $89.00Cable TV = $52.00Trash Dumpster = $55.00Sewer / Water = $186.00Natural Gas (average) = $142.00Electric = $327.00Housekeeping = $270.00Ongoing supplies = $230.00Maintenance = $133.00Total RenovationThe renovation started in 2011 and was completed 2016 with entire complex being gutted to the studs, then completely rebuilt fully furnished inside and out to new standards, as follows: 26 gauge top of the line triple epoxy coated metal roof26 gauge top of the line triple epoxy coated awning and patio coverSingle hung gas filled energy efficient EZ clean vinyl tip-out windows4 new natural gas water heatersAll new plumbing throughout entire complex/buildingOnly #1 Grade Premium lumber was used throughout entire renovationQuality Price Pfister plumbing fixtures and lifetime parts180 feet of new 4 inch sewer line from the building to the street tapNew premium exterior fiberglass dimensional Colonial style entry door with new door jams, aluminum thresholds, all new lock sets and peep holesCustom picture framed windows with decorative edging and exterior door trim to matchCommercial toilets: all new PEX plumbing, shut off valves, bullets, supply lines, hose bibs, angle stopsNew attic and wall insulation with vapor barrierUpgraded electrical, HE lighting, new fixtures, switches, outlets, breakers, energy efficient lighting, vapor lights, rope lighting and HE flood lightsCustom artistic signage (3) built by Management TeamNew drywall, texture and highest quality Valspar paint throughoutAll exterior wood was hand primed and hand paintedNew vinyl fencing for corner lotPremium Quality pillow top mattressesNew hand textured walls (office), ceiling and covered entryNew concrete sidewalks, kitchens, baths, showers stalls, toilets, vanities, cabinents, counter tops, sinks, refrigerators, microwaves, deep freezers, dryers, A/C units, flat screen TVsAll work has been documents and permitted

As a matter of practical advice, I want the triple exit strategy opportunities of a flip, a wholesale, or a BRRRR. 

Give Edwin at Triple E Property Management a call. 

or, you can flip the $1M (notice I didn't say flip SFH's...but that is one of the ways to flip "cash"), 5 times at 15% profit, (reinvesting the profits) and double your money.Then, buy a NNN property for all cash with an 8 CAP and get $160k/year income...doing nothing...and you could buy this NNN anywhere you want....or,...Do a $1M loan at 10% simple interest (interest only payments) for 20 years and triple your money. 

I agree with @Mike D'Arrigo and that explains why all the junk duplex houses in Indy get flipped and turned into SFH at triple the price. 

Some providers might think I am too busy to make triple sure all is being watched, but trust me, I am not shy when it comes to my investments and money.

That is 100% to be expected - double the electric when AC is used, for me sometimes triple.