This is my first BrrrrWhat is your stabilization plan?

Planning on living off of the positive income and then eventually on our investment.

I was also planning to work for a property managing firm to learn the ropes of the state and local codes while continuing to invest.

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

I plan to do some of the work myself.

There's supposedly a large medical center being planned, which will also need convenient housing.

So instead of waiting for the problem to compound until the lease is over, the plan is to replace the carpet immediately rather than try to muck with cat urine and get it 80% clean with various other solutions.

I'd like to talk to someone who can help him make a plan before this gets out of control.Does anyone have a lead on how I can find his next in command that would be appropriate to talk to at Malmstrom or is there maybe an office for this sort of thing? 

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

Quote from @Joe Paasch: I have joined this site to gain important incites, discussions and plans to build a successful portfolio.