In addition to interest and repairs, you can deduct off a 27 year depreciation on the home. 

My biggest concern is managing additional units and tenants.

With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

I was interested in something like owning a rental property as a way to generate some additional income. 

@Kleyn LopezI have referrals in the San Diego area if you are in need of additional CPA recommendations.

The Creative Investor Meetup is designed for beginning to advanced investors who would like additional strategies when constructing deals.All aspects of real estate investing will be covered including (but not limited to) - Wholesaling, Flipping, Buy and Hold and Commercial with an emphasis on Creative Financing.

However, they can sometimes be higher due to the additional risk taken on by the lender.With a hard money loan, you typically make interest-only payments during the loan term.No, you wouldn't owe any more interest beyond what has already accrued if you finish the project in 3 months and pay off the hard money loan earlyIt's great that you're exploring different strategies for your real estate investments!

I'm happy to answer any additional questions as best as I can. 

Duplex have different zoning that may permit additional units.