I'd imagine this is way lower maintenance than my other 2 duplex in the area that are 90 and 120 years old.

Usually a little lower for your primary residence.

Then again the only comp I could find for this went for less than this place.I'm on the fence with this place...If I could get a 50K price reduction from inspection, I'd be more likely to go for it, but as it is, it seems like lower end tenants with attitude, no cash flow, and a lot of risk.

Another strategy, would be to consider a cash-out refi on your primary, to do a larger down payment on one investment property, or split up the cash-out proceeds for lower down payments on more properties.

I would like to here from the group whether they offer or are offered lower or higher returns.

We renovated upper unit and currently live in lower unit.

One thing they have that helps them is typically the interest rate charged which is typically lower than other Lenders but I have never heard or have seen any person ***** about the interest rate they were charged and it was responsible for and why they failed. 

This created opportunities for investors.Institutional money prefers lower risk investments which were traditionally A Rated Bonds.

Luckily in the lower priced house ranges around Chicagoland the rents don't really go down. 

Often you can get a refi sooner than that but it will be based off of the lower of the appraised value or the purchase price.