It is my view that the duplex when properly allocating for maintenance/cap ex is not going to have any income this year. 

If its all in at 10% COC or 20% its up to you.Maybe you say you will allocate 70% of the funds so you have 30% in reserve for the next great deal.

The Treasury Dept just announced that 89% of the funding allocated to states for rent payments has yet to be released by the states.

)The problem for us is that since we only manage approx 10 units which are fairly well-run and low maintenance, there simply isn't a lot of work to allocate.

The idea is that this allocation would not be your main income driver, but it would balance off the public markets when they were doing badly.However, in my opinion a lot of the advice was skewed by the fact that the majority of traditional advisors only understand and know about public markets and many of them know nothing about directly owned real estate.

Negotiating doesn’t mean just a lower price- in many cases it’s the mitigation and allocation of risk. 

little do they realize how much it can cost.Anyways i am starting to look into smart water metering so i can divide the quarterly bill and allocate it towards their water usage. 

You should look at your whole financial picture, create an asset allocation strategy/plan, and then determine if you should invest the whole 300k in real estate.

As a private investor all my money is allocated.  

You will allocate the sales price between the building and land.