OK Andrew.I think if I have really strict contracts and rules, there would be a trade off. 

Is this going to be a live in flip or is it strictly an investment?

I'm starting out by strictly analyzing deals.

In terms of rent or late payments I am very strict. 

The credit is strictly for buying warranty and cannot be used for anything else so I'm looking for recommendations on home warranty companies that cover duplexes that are better than others.

yes....but it takes a very disciplined person to strictly stay with the plan details to get it to work......and its not worth the tiny benefit.The benefit vs just making extra payments to you mortgage are tiny at best....... want to pay your mortgage off faster?

Or must comps be strictly triplexes?

My understanding is that post-2008 the rules are very strict.

We have had lots of employees over the years and we do have a strict rule, no direct employees" and will have great property managers make our portfolio as passive as possible. 

The BP one wasn't too good because they made me talk about a bunch of other things but the Kevin B podcast was strictly about special needs housing.