Thank you very much for the thoughtful response Dennis! 

They don't cash flow....at all, but the future benefit here is the option to build new once the neighborhoods continue to appreciate and get new developments.

What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?

@Stuart Udis Thanks, I understand the possibilities.

Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!

I'm new to the BiggerPockets community but not to real estate investing.

I'd compare the cost of the buyout vs. the penalty you'd get hit with IF you refi or sell. 

@William Causey depends on the transaction and the parties involved.Agree with @Dennis McNeely on some of the transaction costs.A different issue though is with an Assignment, the buyer gets to see what you paid for the property.

You have complied a pretty good list of what not to do...I would add the following:1) Do not even pay 25%.

good afternoon, closed on our first duplex the other week, hopefully many more to come