One point I've heard from investors regarding the difference between a 3-family and 2-family, is with a 3-family home, you feel much more like a landlord (more can go wrong, more things to fix, etc...)On a pure ROI basis, you're usually better with a 3-family.  

I highly recommend that with your net worth, which is continuing to grow with these properties (while also expanding your liability - Carbon Monoxide kills one person because your C02 detector didn't have battery back up or had died, and you lose everything).  

If the attorney is acting purely as a trustee, then a license is not required but if an attorney is creating the land trust document, then he/she would need to be licensed in that state because that document affects the legal rights of another person. 

Here's the question - Should I work on paying off my current place so that it becomes pure cash flow in ~10 years, or should I save up to purchase a duplex in a cheaper part of the country that I can live in half of and house hack? 

You might be able to deduct the rent if the stay is purely for business reasons, but why go through all the hoops when you can just stay for free?  

Pure fact is that there is only a fraction of 2nd's out there when compared to 1st lien NPN's.  

For this reason, if a tenant calls due to a malfunction of the smoke detectors and a technician is dispatched, you can have the following outcomes:Technician determines the smoke detectors were faulty, and replaces - owner chargeTechnician determined the smoke detectors batteries needed replacing - tenant chargeIf written into the lease that the tenant is responsible for such replacement and the detector was easily reachable, - if not or if the tenant is elderly or disabled, assume reasonable accommodation: owner charge=time/labor & tenant charge=battery costWhere the property manager must be mindful is in the allocation of the owner's resources (money).

The so-called quality of the deal is purely based on the facts that the wholesalers posts. 

For a new Commercial Loan, DTI is ignored and the new property DSCR is the tell all metric.Income from your other B&H properties(MFUs), it's  purely income as the Sch-E washes away expenses including mortgages. 

That will give you an idea of if it's purely the price or there are any other reasons too.I prefer to give offer with little or no conditions and have been successful in taking the deal even though my bid is lower.