I'd love to know the opinion of those who've done fix and flips in Maine and dealt with Maine buyers.Thanks in advance!

One of the biggest mistakes I have seen less experienced investors do when choosing their first one or two flips is thinking they can save a lot of money by doing a lot of the repair or upgrading working on their own compared with paying a licensed contractor to do the work and mainly because a person doing the work themselves are not as experienced at doing good quality work and frequently will take a lot, a lot, a lot longer to get the work done and if you are financing your deal they you will end up paying a lot more in finance interest and still maybe end up with marginal instead of good quality work and you are only delaying the date for flipping , reselling, or being able to get a property rented.

The deal was attractive because your building has 18 units and they were able to purchase 9 to start.

What you will find is that there are more duplexes that will attract professionals as tenants than four families: moats have been built as affordable housing in clusters and are typically 1 or 2 bedroom units.

Instead, it's all the other jobs that are attracted to northern and western Denton county that would be your rental market. 

Thanks guys, im gonna buy a duplex cause I feel like it only make sense, mainly because im from MA where its just as much to rent an apt as having a mortgage, but I do realize that a mortgage comes with more and I have some money saved and a partner.

However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive. 

E.g. in our latest deal in NW San Antonio, the market s very attractive but the existing ownership decided to self-manage and completely messed up everything.

However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive.

I mainly do buy and hold and have been focusing on multifamily properties.