I would love to make a buy and hold work as it's been in the family for generations but also open to a sale.

Was it a system generated value from the bank?  

The idea of thought behind this is that you are not going to live in the unit forever and will eventually rent it out.My concern is while you are living in the duplex would you be cash flowing on paper because you are basing your analysis that both units are generating income when in reality only one is generating income.

Hi BP community,Could anyone suggest a few successful and helpful courses/books on owner financing, education on generating leads and closing the deals ?

I also co-own an agency that does the lead generation marketing for Houston House Buyers here in Houston (as well as for other clients in multiple other cities - we just don’t farm in those other cities).

You'll have closing costs on the New Hampshire property and right now as long as it's generating decent income, that shows income on your taxes and the depreciation is a good benefit. 

That type of investment works for me, but it it doesn't work for everyone especially just starting out when you might want to generate cash flow to pick up more properties.  

We have learned to live off nothing being on one income and would like to generate some wealth for our future.Best,Rhiannon

@Joey DeClercq If you want to build a business I would suggest going with a 100% broker. learn how to generate your own leads without paying.

An LLC might be a good option for buy and holds and other passive activities where you are not generating short term capital gains or short term income.I would recommend you consult a tax preparer and your insurance pro.