Purchase price: $925,000 After lending support and insight on business planning and development for decades, I am in pursuit of my first acquisition.

In my pursuit for single family home domination, I did purchase one duplex, one title for both units.Advantages of Investing in DuplexesLive in One Unit and Rent the Other: This is a big perk.

Is it worth pursuing lower priced housing and rehabbing for a buy and hold in the pursuit of better cash-flow, or is it just too risky?

If it's more than 6 plants, it's a commercial pursuit which has it's own set of laws that aren't applicable to a SFH zoned residential.

*I understand terms such as deposit amount, contingencies and settlement period can play into the decision making of the Seller, but a syndicator who is relying on outside equity is likely performing full diligence and is not shortening their contract period materially from others in pursuit of the deal.

Those people would have done well regardless just due to their level of pursuit.

I've been busy with a different pursuit and haven't posted much for the last year.

He has the same right life, liberty, pursuit of happiness, and property just like you do.

I seek zoning variances frequently in Philadelphia, but its a lengthy process and don't personally find it a worthwhile pursuit for legalizing a second unit in a building.

Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.