You need to make more than that to just keep the current buying power of your Dollars without any Profit after Taxes.

Knowledge is power and business is about knowing more than the next person and putting that knowledge into action.  

No doubt a good deal and house hacking a duplex is powerful for building your wealth.

Electric.

You will also likely need street/sidewalk closure permits at different points in the jobUtility Taps- Water, Sprinkler, Sewer, Power, Gas, Cable (this is likely negligible as the cable company should do it for you)Excavation/Foundation- Are there buildings on either side?

Okay, so one thing that is not being equated is the power of compounding.  

My only real expense has been electric and water each month at less than $30 and a years’ worth of taxes that will be $3600 and which I’d factored into the total cost.

That is what is so powerful about this community that I love so much.

As a landlord, you need to be aware of any issues that make the home not habitable and fix basic items such as electrical issues, plumbing issues, etc.

I sent you a PM with some info on a specialized Heloc with more staying power and longer access to equity.