Not to mention with a house hack, YOU aren't paying all of that interest, your tenants are (you will be at first when you're occupying a unit, but you get the point).

I’d like to have a diverse real estate portfolio (single family, du/tri/quad plexes and a small 8-10 unit multi family) and then see what I enjoy the most. 

The other day I put an offer on a rental unit and within the day there was 14 offers, and the house went for 18k (12%) above asking price to an all-cash buyer.  

In one year, if we execute the plan of installing a washer/dryer in each unit the cash flow will be crazy.

Our only concern is that they smoke in their downstairs unit of the property. 

Adding units at the Cedar Circle duplex could be a great value add.

You also cannot rent to a family with a child under 6 unless the unit has been deleaded, the EPA lead paint disclosure form isn't enough to allow it like some people think... the unit needs a letter of compliance to legally rent to them.

As my portfolio grew, having one in my own name never felt like a major liability or administrative headache.My first Lehigh Valley property was a three unit, purchased with a partnership under our own names.

I would recommend you look up Cody Davis, his story is really interesting, and he had a lot of apartment units by the time he was 23.

With the City's new ordinance, it is making it easier to add a second unit to your existing property.