Drop your thoughts, recommendations, or experiences in the comments.Looking forward to hearing from you all!

Why did the previous owner sell it for only $85,000?

Get a good attorney to draw up your LLC and spell out what everyone does and how you can push any of you out when they underperform.

Real estate laws are local to the state where the property is located.

It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)

They are highly recommended by two investors in the PGH area.

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

Start SavingOnce you land a job, build up your savings for your first deal.

The fourplex looks like it going to cash flow much sooner but the duplex appreciate more?

You'll screw up and lose some money, maybe even a lot of money.