If youre closer to retirement and looking for a safe play then heck yea stick with a low cap rate that makes money but guarantees the payout.

How does the security of the solution play into running an incorporated enterprise and does that even matter when trademarking?

Something interesting about myself is that I picked up the banjo a couple of years ago and play daily. 

This makes daytime investing hard on the sleep schedule but I cant expect someone else to hustle to fulfill my dreams.Currently playing: Grant Cardone's 10X Rule and it changes my mindset completely!

Maybe play dumb a little "I don't know if I'm in the right place..."

Lots of factors at play here... how many units are you looking to buy?

I am not sure what happens to that HELOC but that is not a game I would be playing.

@Stephanie Ro I actually went for a condo because of the best money for the bed/bath combo that is the largest factor in price renting to students, and also exterior maintenance and landscaping and being able to offer a pool/volley ball court/basketball court that checks the boxes for the kids. :)

Once I take my dog for a walk, play with him, do some cleaning, and sit down to eat dinner, I'm usually brain dead for the day!

Hard Money Lending (HML) for this purpose.Conventional LendingWill Require a Down Payment in all scenariosWon't allow a rehab budget on a duplexDoes have a 30 year fixed rate optionMight not approve the property at all if it's in very rough condition or if 1 major thing is wrong (like a foundation or a roof)Can be cumbersome, 30 days to closeLow interest rateHard Money LendingWon't Require a Down PaymentWill allow rehabShort term money only (so you have to refinance if you are keeping the property)Doesn't care about condition since you will have the rehab included in the loanSuper easy, can close quicklyHigher rate and higher feesSo here's how this all plays out:Conventional lending - will require 25% down payment on a duplex investment property ($34,250 based on your numbers above) + closing costs ($7,000?)