I gave a lady three grand for 50% ownership in a duplex with two sides going in as tenants in common.

I will be paying a few grand to split the water and plan on notifying the tenants 2 months prior to the signing of their new lease. 

Investment Info:Single-family residence buy & hold investment in Grand Rapids.

My monthly payments on standard 10 year would be something like 7 grand a month.

@Steven GeerYes there are funds you can invest with as little as a few grand that are passive

You would need it if doing this.You’re going to be into this for $200+ before you’re netting what, a grand a month?  

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I am from the Muskegon/Grand Rapids, Michigan area and have contradicting feelings about whether it is a good idea to begin investing here (MI) despite needing to move closer to the ocean (FL) or waiting to begin until we decide where to move.

Add that all up and you own for under a grand a month perhaps.