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. 

@Kai Van LeuvenIt’s sounds like you’ve gotten all the low hanging fruit, another couple things that come to mind Is reducing boring expenses that people typically dont shop or spend alot of time addressing;-taxes ( I don’t know how tuned in the city is to your remodel but you want to spend a little effort ensuring you don’t get hit with a property tax increase )- I’m not sure the type of tenants your looking to attract but a playground might go a long ways to adding value-Insurance ( anything you cad do to reduce your insurance?

I would file the federal tax return mainly for the ECI declaration and to submit the city return which is mandatory anyway.