@Maria Hinton 9/10 of these conventions are massive pitchfests.

However, because the first property was financed through an FHA loan, I can't use FHA as an option for financing my next property and one lender told me that any other conventional loan with a low down payment (1-3%) would not work when purchasing a multi-family property.

I don't like them now for short term I usually have 5 to 10 million out at anyone time.. so I get that.. but its all paid off  as inventory sells.. much like being a car dealer ... you only take on debt long enough to move the product.

It is a 30 yrs convention loan with 20% down and the lender said will be a little higher interests because it is a duplex. 

Conventional retirement accounts only allow traditional investments such as stock, bonds and mutual funds (you and I have no control over the performance of those investments).

If you are investing far away I would start by researching for a property manager with quality reviews, just ask them what they may have from their other owners inventory, you could find a good deal with fully rented out properties and not even have to move.   

Now for the price, this neighborhood has a low inventory of multifamily so it is hard to run comps.

There is just not enough inventory right now and appraisers will not let housing prices rise unless you are doing windows, electrical and plumbing, for the most part.

If you are paying 10%, that's pretty high compared to conventional 30 year fix at 5.25%.

Hello Landlords, Is your property manager at the broker/owner NARPM (NATIONAL ASSOCIATION OF PROPERTY MANAGERS) Convention this week?