@Ken Breeze yes use SDA all the time, but I always like to compare it to results I get from other spreadsheets.   

As you may or may not know, multifamily 2 to 4 unit properties are incredibly rare in the DC area compared to other metro areas.

I'm keeping the SFH and the duplex in separate analysis, but curious how other investors analyze properties when they rely on each other for purposes of financing?

I guess while I know 20% is significant, I'm not sure if that's incredibly high compared to other markets around the country.

:)  I believe not a lot of employees would commute from Shelby to Indy compared to Franklin or Greenwod on the south side.

Many times HCAD will be misleading as those numbers are meant for the district to tax you on and owner can get that appraised number down for tax purposes.

This is after cash-out refinances and rate term refinances that pulled out around $100k for other purposes over the years. 

@Joe Splitrock It's strictly a hypothetical for future purposes.

If you can spend around $15K to get around $1800/mo compared to $60-70K to get "MAYBE" $2000/mo, I would def take the first choice of the two.

For the purposes of this section, a tenant shall be deemed to have relinquished possession of the premises upon any of the following:(1) Execution of an order of possession in favor of the landlord.(2) If the tenant has physically vacated the premises, removal of substantially all personal property and the providing of a forwarding address or written notice stating that the tenant has vacated the premises.