As someone who has house hacked many times and have helped others house hack, I would let you know there's a lot of pros and cons to this strategy!

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value. 

Fast forward two months, and now the property is rented out, so I decided it was time to refinance.

This would allow me to stockpile rental income until I’m ready for the next investment, giving me more flexibility in the long run.Thanks again for your insight Yeah, I think a 15 year or 30 year loan is a better option because the interest you pay every month is lower and also you can pay it off in a short period of time if you want to.

If there's enough duplexes that it's likely you find one you like in a reasonable amount of time (less than a year), then start looking at them in your preferred area.

Whenever possible I attend the inspection and follow the inspector as he conducts the inspection and ask him questions during the process.

The process is pretty straight forward and not complicated at all.

Small-Scale Testing:If you're uncertain about diving into a larger project, you might want to test them with a smaller loan to see how they handle the process.

It turned out this was his first time appraising one.

depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up