I also like the duplex because you can combine both strategies.

Duplexing up means combining the 2nd floor unit with the attic, Dupexing down means combining the first floor unit with the basement. 

search unusual combinations of terms)Underwriter must make sound decisions on loans regarding the creditworthiness of borrowers while working closely with Retail MLO, and operations staff.Desired Skills, Experience, Or EducationOur ideal candidate will possess; Minimum of 4 years’ current conventional and government underwriting experience in a wholesale or retail environmentDE / SARS / LAPP designation preferredCurrent knowledge of RESPA and MDIA regulationsStrong knowledge in “A” Paper, FNMA/FHLM; FHA/VA programs beneficialProficiency with MS Excel, MS Word, Desktop Underwriter, Loan Prospector, and Calyx Point.2 years AUS experience.Working knowledge of “Empower” is a plusDemonstrate high volume productivity.Must be detail oriented, organized and work efficiently under pressure.Excellent written and oral communication skills.Strong organizational and analytical skills.Demonstrate an OUTSTANDING level of customer service skills.Work independently and be “self-motivated”.Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia.

Thanks$80k per month each is almost $2 million/year combined so the first thing you have to ask yourself is, does it sound reasonable that someone who makes that level of income wants to live in your rental?

I'd bump up Repairs and CapEx to at least 15% combined. 

Most any loan you could get would still require 20-25% down for the purchase and rehab cost combined do sounds like your still a little short.  

Your money would go much farther and you would also minimize your risk. 1 asset with an 82K investment will be recovered in 12 years.3 assets with a combined 82K investment will be recovered in 10 years.

Rankings are based on a combination of those three categories in 483 counties around the United States with sufficient data to analyze.I don't think they are taking account the most important factors, which are are exposure to most effected industries.

I figure 15% combined.

The overall agreement is a combination of 4 people, and 2 contracts/agreements...with a possible (that's the goal) 3rd:A - The 4 people involved     1 - The Seller      2 - The Landlord      3 - The Buyer     4 - The TenantB - The 2 Contracts/Agreements    1 - The Option Agreement - Between the Buyer and the Seller *    2 - The Lease Agreement - Between the Tenant and the Landlord *    3 - The Typical Purchase Agreement ***  The Landlord and the Seller are two different people...even though they most likely have the same S.S.