I am in no way advocating that people need or should sell their rentals its a personal decision on my part. at one time I wanted to own 5,000 doors and had things gone a little different I might have actually got there.Now other opportunities have surfaced over the last 5 to 6 years that are more fun for me.Also my kids Grand kids have no real interest in landlording.. and I have invested in path of progress dirt in some stratic areas that will more than take care of their future schooling and other needs and if one comes in .. they will actually probably be set for life with no work on their part.. just sell to a big developer and call it a day.. those kind of deals have about ZERO interest to most on BP who are cash flow driven or think or want ONLY cash flow.. so no need to even go down that road.I do believe and have seen over the years that 75 to 80% LTV if you have to liquidate is really no equity at all.. given sales costs buyer credits home inspections that require work up dating and recapture..

So update, the duplex has been finished for a month and both units are rented out.  

Please do try to make it a regular thing, as I cannot make it on Sunday, but I would like to take part sometime.

I prefer SFH in dire need of repair and updating, but in a good neighborhood.

We are finalizing location this week and happy to update post with this meeting.  

In general they seem to generate more rent than regular rentals however they are more work. 

That's the "Market Rent" and that's probably what will show on the rent roll as "Market Rent" (well, maybe it is, or maybe they haven't updated it in a year so it's way off and that's why you have a gain to lease).  

Any updates?

Please keep us updated about your journey.

Best of luck & keep us updated!