I haven't seen too many over/under duplexes with that value unless they are in well-established R1/R2 mixed neighborhoods.

It will be made up of a mix of capital gain and depreciation recapture. 

But we plan to mix with some houses with equity growth potential too, but this package is all about cash flow.)   

@Russell Brazil Ya I’ve gotten mixed reviews, I haven’t used the FHA loan yet so that’ll be my plan.

I’d make sure his 401(k)/IRA investments are in diversified mutual funds/index funds and not individual stocks, but a mix of RE investment income and 401(k)/IRA investments is a recipe for a strong retirement (assuming he has a decent amount saved up)

Ultimately, returns are a function of underlying fundamental growth mixed with a risk profile.

A god mix is super critical in a retail strip. it makes no sense to have 3 hair salons and 2 nail salons in a 5-6 units strip. 

The current zone is UCX (Urban Center Mixed Use District) and for it to be compliant, it needs to be MUD (Mixed Use District), CMUD (Commercial Mixed Use District), or CC (Community Center).

I guess I had the words repair and cosmetic fixes mixed up.

I own a mix of property types from Baker to Gonzales.As far as picking apart your planning assumptions to make sure you're not missing anything.