From what I've heard here in OH, if they're in default (30 days past due) and it appears beyond fixing, and they have been there 5 yrs or have 20% equity (using contract price), then your remedy is to foreclose (versus evict if they don't have the 5 yrs or 20%).If faced with the foreclosure scenario and the 6-12 mth time period that will entail in OH, you should entice them to leave quickly and with no damage to the property.

Anyway thanks again for the insights on 1br's versus 2 and 3br's......

However, this is also market specific since you can buy nice duplexes in the mid-west for about $70,000 whereas you can't even buy a single family for that much in other popular investment markets.CASH-FLOW: As a general rule of thumb, multi-units, like duplexes and fourplexes, will generate more cash-flow and higher rates of return compared to single-families -- all else being equal.TENANTS: As a very general rule of thumb, you may have slightly more transient tenants in multi-unit properties versus more stable (longer term) tenants in single-family homes.

Should I be comparing the 7% I will likely get by investing in an index fund versus the 6.09% CoC ROI, or the 15.44% 5-year annualized?

I'm just trying to learn about the difference in strategy, sell & carry note versus hold onto rental. 

Someone you trust who can guide you to the good versus bad areas.  

Have you looked at the difference of the equity sitting in your personal property, versus the money in another investment property, for example which would have better growth.

Most people have to make a tough choice between living where they want to live versus where the cash flow is.

I think the comparison to short term versus long term capital gains is valid in the context of how the IRS defines an investment.

Then you can get better terms on your BRRRR because it is considered delayed financing versus cash out refinancing.