Hey BPers,I'm  being presented an opportunity to invest in a flip project (purely as an investor).

., and if you keep it long enough tax savings from the 2 year exemption on capital gains.I think house hacking you end up picking different neighborhoods etc than you would as purely a flipper or a landlord.One question, do you really want to live in the house while you are doing a flip?

No, that's going to be at least $100+.In general, duplexes are hard to make work as pure investment properties.

Any amount over $18,951 (your equity) is easy to pump up the numbers when looking purely at percentages. 

. :) In the meantime, we'll enjoy discovering the joys and woes of being landlords. 

That is how I purchased my first purely investment property.

When we lose site of that and we see everything through dollar signs we begin to rob ourselves of joy and life.

It's purely a relationship based business.

For purely rental purposes with a plan to re-develop in the future, I would not invest too much into the property. 

From a purely economic standpoint maximum debt yields the highest returns and grows your money the fastest.