If you were able to buy 2 duplexes as replacements then you would own MORE property so that any market appreciation is magnified and you might have MORE loan principle to pay down further building wealth that you don't see just by looking at cash-flow. 

I say this even as I believe SFR dips this current year--which means it's a buying opportunity-- because I believe as much as mortgage "demand increases".

We’d also like to buy a house to move into in the near future and of course dropping $100k of savings into property 2 would delay that.

One court case says that you don't have a business until you buy your first property.

Hi Brandon,It's likely more effective to look for private lenders at those ranges as most investors buy cash or use private money at those ranges.

If I could rewind 15 years and start over again, here are the things I would focus on:1) Buy an easy cosmetic rehab.

I'm trying to BRRR and add value to cash out refi in 3-6 months to buy another.  

In our little town, Buy & Holds will probably be the best strategy, but we are open to all sorts of techniques and methods.

Quote from @Emma Campbell:If we have a Lowes business pro account, and in Month 1 we buy $1000 of materials for properties in 3 different LLCs, it sounds like manual effort is needed both to pay off the $1000 balance by making payments from each LLC's bank account for the amount it owes, and then a separate manual effort to record and assign the expense transactions in the bookkeeping software.

Get to know them, buy them coffee and spend time with them.