In addition, these markets are seeing both home values and rents appreciate.Cash flow from a property will depend on your down payment.

Additionally, are there any other factors I should be considering when purchasing a duplex or triplex?

I could buy a LOT of umbrella (additional liability) insurance for $13,000.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Alternatively, in addition to the per diem in § 17 (Possession) for failure of Seller to timely deliver possession of the Property after Closing occurs, Buyer may elect to treat this Contract as being in full force and effect and Buyer has the right to specific performance or damages, or both.22.

Clearly, shes not happy and an unhappy tenant usually results in more issues down the road, and you can bet they'll be expensive issues. 

Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

Additionally, his credit is not the best, and he has limited funds for a down payment.Any potential options or solutions that may be available?

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.