I’m looking at duplex in a very desirable neighborhood, where I want to live, close to a ton of amenities.

House hacked a duplex first.

Removing walls?

I want to open up a kitchen, gut two bathrooms, get rid of a 35” x 35” closets, and open up the basement (where I have a couple of walls, floating ceiling and carpeted flooring).Your opinion would be greatly appreciated.

I recently looked at a duplex and wanted to get some thoughts on if these items should be factored into the offer price:The water heaters were over 10 years old, both gas furnaces were over 10 years old, the water was not separately metered, the front porch (cement) had some cracks in it, and both units would need some paint and new carpeting. 

Would the best way jumping into real-estate onthe side be starting with a duplex?

Previous experience went in with some partners on 9 units (4.5 duplexes). 

For instance, My first purchase was a duplex in a nice neighborhood of Dover at foreclosure; now that it is newly refurbished and fully rented, it’s a great asset, but selling at current numbers may not be enough of a return to warrant it (I perhaps over renovated) However, positioning it for a longer term hold is very suitable because of its great cashflow.

One individual I know has built three duplexes and a quad as infill construction.

Owner occupied Duplexes is what my wife and I are doing.