With your first duplex it may be difficult to eliminate the entire mortgage.

@Josh Merrell only you can decide how much debt you are comfortable with.

With this tactic I also keep debt on the unit, which limits the amount that someone can even sue for. 

Their deposit was not much to even cover the rent, cleanup, and pet fee.Trying to find ways to eliminate as much lost. 

Or do I buy out the owner and include the left over debt and rehabs at an all in $113K? 

Or do I buy out the owner and include the left over debt and rehabs at an all in $113K?

I plan on doing this by growing a large portfolio as quickly as possible while being careful not to over-leverage myself.In order to grow my portfolio as quickly as possible without over-extending my debt, I will create equity through value add opportunities.

To offset the higher cost of electricity, you can spend money upgrading insulation and eliminating drafts. 

Saving becomes a lot easier when you eliminate or reduce your rent with the house hack.

When calculating vacancy and bad debt, do these have rule of thumb too?