Mid-term Rentals: Utilize platforms like Furnished Finder for still higher rental income potential but less management than a nightly rental requires.Commercial Real Estate: Explore opportunities in office buildings, retail spaces, or industrial properties for potentially higher returns.

@Samuel Metcalf- thanks   1) I would recomend getting a HELOC in place on your primary residence duplex  for  as much as  possible...this should be available for  free or a low  cost and the rate will be variable in the  8-11%  range ...prime rate +  margin of  1-3% ) ...the min payment is in interest only payment on outstanding balance   2)  use the heloc for the  remodeling  costs ...pay it down as  agressively as you can   3) on the  purchase of the investmenet  1 unit -  you are  allowed to put as little as 15%  of the price for your down payment ...the pricing you get for the loan will improve  as your down payment  grows so you might look at  75% /  80%  and  85%  ltv  options 

Most commercial, mixed-use, office, multifamily res, and small industrial uses permitted. 

If you need to talk through this in more detail feel free to reach out.

If you're having this much trouble communicating virtually with your property manager, I suggest possibly heading to their direct office and request a copy.

This year they are ~$110-115/month...I can't find another insurance company that can beat Jason Klien's office (Farm Bureau). 

With 4-5 bedroom house, some chance you can live for free or at minimal expense. 

Download the free Deal Check app and start playing around with numbers and figure out how to analyze a deal.

Feel free to reach out, happy to chat further. 

Don’t be free and loose with your friend’s money.