Many great points made here and I appreciate all of your perspectives.I feel that transparency and pure intentions really go a long way no matter which business you’re in.

We found a lot of good information on BP supporting both 15 and 30 year, and we agree that it is a purely personal preference based on goals and vision.

I called several PM's and could not find any under 30-35%, so unless you are super familiar with the town rules and regulations, have a rock solid trustworthy housekeeping crew and local handyman to fix things (most HK's won't even change a light bulb for you, or batteries, so you need a handyman or PM type person), I don't see how you can make a profit unless you self manage.

Just provide pure knowledge.

HI Alex,Depending on where your income and asset values, and credit is at you could: - reposition equity from one property to purchase this duplex as an investment property with 25% down- buy it as FHA or primary residence to occupy one unit temporarily up to 1 year then depending if you have sufficient equity you could refinance it into conventional (frees up your FHA for future use) which can remove your mortgage insurance to help the cash flow and you can convert it to a pure investment property and move else whereLet me know if you have any questions on financing strategy as there are pro's and con's with each varying from tieing up your money, cash on cash returns, and how certain strategies affect your future ability to qualify.

When something is purely anecdotal - such as your case, people just talk about what occurred in their own life but don’t give specifics.

So that statement is a purely financial one.

It is a pure cash flow play and there is always the possibility that you will have to do some demo when you sell.

Remember, investors didn't come up with the scam known as derivatives...that was purely a banking creation that was accepted by the government and it's GSE's.

When the market tanks next and/or you find your next great deal you can turn it into a pure rental, buy your next place, move in, fix up, house hack ... rinse and repeat as necessary until filthy rich :) Or if you prefer to look into small multifamily, you should reach out to @Dan Heuschele and/or @Justin R. who are both investors near you who are knowledgeable in this space.