I’m looking at a possible duplex acquisition that is tenant occupied.

They usually go off the ARV, but some still have minimum acquisition amounts.

If you are doing single family rentals, I would suggest 30-50% of the acquisition price so you have enough for down payment, closing and some reserves. 

My First Multifamily Full Cycle Success Story: From Busy Attorney to Real Estate InvestorI’m thrilled to share the complete journey of my first real estate investment—a 44-unit multifamily property in Lawrence, KS—from acquisition to exit.Balancing a full-time legal career and fatherhood, real estate seemed like an impossible dream.

You have seller commissions, acquisition costs, marketing costs/time, inspections, etc.

I was a former kicker for the University of Arkansas and now a wholesaler at Diamond Acquisitions.

Even more so after considering a 2% acquisition fee which theoretically could pay for a portion of their 10% equity.5.

Not sure what you're financing position/plan is, but make sure that you speak with your lender regarding if there are any issues financing the acquisition of an STR in North Conway, NH in the event that the property appraises as "rural."

This seems pretty expensive for current DSCR terms for a 75% LTV acquisition TBH.

Let the pros do their jobs, whether that be Agent, Property Manager, lender or Acquisitions.