You’re on-site for maintenance issues or tenant concerns, which cuts down on the hassle of traveling to a separate location.Loan Accessibility: Getting a mortgage for a duplex can be easier than financing other types of investment properties because you can use the potential rental income from the second unit to help qualify for the loan.Tax Benefits: Owning a rental property can open up opportunities for various deductions like mortgage interest, property taxes, operating expenses, and depreciation.Disadvantages of Investing in DuplexesPrivacy Issues: Living so close to your tenants means less privacy.

What are some of the potential scenarios you are looking at ? 

Or would they just potentially take my friend's 1/3 share of equity?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $116,000

Cash invested: $25,000

Personal home that will become a rental once fixed and updated or will be used for ...

We will have chance to work together in the near future.

@Justin Holley it all depends and there is a lot of flexibility.Our PMC is able to pay insurance & taxes for owners as well as utilitieis on vacant & MF properties.The only thing we shy away from is mortgage payments - too much potential liability if we pay late due to our error or owner portfolio doesn't have needed funds.Pretty much anything specifically related to a property should probably be paid via the Property LLC for easier accounting/tracking.

This is likely something you'd want to revisit in 10 years rather than now.I know you mentioned the anonymity portion, is this worth potentially spending $2-3k per year or more for?

I just want to get as much information as possible before I take on this potential headache.

In most cases, it probably won't go that far (most people talk), but if it does, at least you know they are serious and you understand how they operate, which will help you decide whether to partner with them in the future.

I am also an out of town potential investor considering that area.