I stumbled into my 1st deal when my parents' neighbors decided to move and preferred to sell off market.

If book keeping is not something you keep up with, then you are probably better off running all income and expense for the triplex through a separate account.

Although I have had experience in the past with smart locks that strictly run off internet connection with a FOB/smart device, that can get messy, and annoying quickly for everyone involved.

@Kyryl Sokolov we know the Metro Detroit area VERY well, in business 24 years, manage over 700 doors or which almost 100 are Section 8.1) Yes, you are a bit off on this expectation.

I also have access to off-market inventory in that area, as I am local in NC and would love to connect.

Prepayment Penalties: Are there any prepayment penalties if you decide to refinance or pay off the loan early?

I started off with a duplex in 2020 and now have a solid portfolio of rentals with my partner.

You will be better off with a DSCR for the long term.

want to get to a point that I am living off unearned income and not earned income. 

@Austin SargentHouse hacking is a fantastic way to kick off your venture into real estate investment, particularly with a duplex in Pensacola, FL.