That sounds like a solid strategy!

I am a general contractor to and the deal comes with a plot of land beside it that I can build a fourplex on but I would like to at least break even on the duplex.

I have 40 years of experience and have done many buildings like this over the years.

While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.

My dilemma is I really would like to stay in my current town to house hack but I do have a backup town in case I can’t make it work in my current town.

Unless you have done hundreds of deals, are a volume flipper/wholesaler, or like to just throw money away, why would you be offering on properties now without seeing them?

I feel like I am missing something.

I would like to avoid/minimize as many mistakes as possible.

@Matthew Sarro - It sounds like you've got a solid handle on your finances, especially with no major debts hanging over your head.

I am interested in speaking with anyone from agents and contractors to mortgage brokers and anyone who may require assistance or have business opportunities available.Please feel free to reach out to me if you are interested in connecting or would like to discuss how we can help each other in the real estate industry.