I think James brought up a good point about factoring ALL expenses and not just mortgage when assessing a possible rental property.

Stick close to home if possible.

If you are keeping it and renting it out you want as close to a standard neutral palette as possible.

I have several excellent property possibilities and I am now looking for an investor/partner to this end.

I have several excellent property possibilities.

It has also been suggested that I use HUD financing since I would only need 3.5% down payment and the seller could assist with closing costs.What are some possible options that I have to make this duplex deal happen with limited cash reserves?

Is it possible to refinance to a conventional and cash out?  

Like a lot of you, I've read the Four Hour Workweek and was fascinated by Tim's use of VA's to help keep his day to day live as efficient as possible.

I find that investing in Real Estate allows my creative side to emerge, especially when structuring a contract or finding valuable resources for financing real estate properties.Currently, I am purchasing as much real estate as possible in this (historically) saturated real estate market.

I would be purchasing three duplexes and possibly a SFR using seller financing.