Cost-Effective Entry:Buying a duplex often requires a lower down payment compared to purchasing a multifamily property (5+).

I put 24K down so mortgage is ~56K.  

You need to drill down deeper, R-2 is single family as well as R-3 and R-4, they are multi family in the sense of being more than one unit, R-1, but the federal designation does not change until there are 5 units or more.

Here's a very simple break down that you can do more research on if you choose....Short-term rental insurance...This coverage is "STR homeowners" policy that would cover any damage to the property from a storm, fire, guest, and even liability if a guest gets hurt.

We use Streamline which is a legacy provider but it is cumbersome and designed for larger scale PM operations (trust accounting, owner portals, etc etc).Just a few integrations we use: Lynx (locks), BookingPal (channel manager), EZCare (HK/Maint Ops), RevMax (Pricing) - There are more, thats off the top of my head. 

No we decided to turn down the hospice offer and rent to a conventional renter. 

As we walked out the front door and approached our cars, the contractor looked down and noticed that he had multiple black fleas on his pant legs.

Also, how did you put down payments for these properties.

Sell the houses ; invest in ways more beneficial to YOU.Btw, what kind of stress would you feel if your Vanguard investments were down 30% this year?  

Now let's say you buy a $200,000 duplex with 3.5% down (FHA loan for owner occupants) at 7.5% interest.