Paying taxes on that money is more of a hurdle for me.

I've looked into them in the past as they would work well for me with low money down, i heard before that you had to pay monthly loan insurance(think it was around $100) and got nervous about it cutting into my cash flow to much.

It always worked out best for me to tell my tenants that I was the property manager.  

@Tim Hertz Congrats on your Duplex, that seems to be the common theme for Newbies.Your are correct, minimize risk by purchasing right and for me keeping emotions out of itThank you Tim.I have another offer I just put in on SFR, this one requires no rehab, essential a turnkey (not by real estate definition) I offered CASH (they say cash is king)Crossing my fingers Take care Brother 

For me, anyways.

So it will be a longer process for me to do it but I'm happy to see that you were able to do it!

Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA.

Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA.

MY WIFE IS OVER HER MOM'S FINANCES NOW (POA),AND HONESTLY THE HOUSE IS WAY TOO MUCH UP KEEP FOR HER AND A STRUGGLE FOR ME TOO.NICE HOUSE ,JUST TOO BIG WITH THE POOL.

This is a "lightbulb moment" for me so thank you for sharing Phillip.