I have been in the building trades for the last 15 years and Im quite good at what I do.

Just have to buy it right.I have seen properties (specifically duplexes) trade in that area for an amount larger than I would have imagined, and I have done some wholesaling over there as well.

Or if like ours there are trade offs that make it worth it. 

I was a commercial broker for Marcus & Millichap and currently own 92 unit and have contracts on 217 units.1) I would also start by calling a commercial broker or property manager and asking about about the market in which you want to invest. 2) Get as many financials and broker packages you can so you can start evaluating properties so you get an idea of what the properties on the market are trading for. 3) Create a criteria of properties you want to acquire and send that off the brokers.Read as many books about it as you can and speak to industry professionals.

I like to trade a percentage of my paper for shiny rocks, especially when the rocks are at 5 yr lows.

How long have you projected you're going to be holding this for (including time to rehab) $750K properties don't trade quickly. 

However, when you trade the simplicity of having only one unit for the economics of having two, you are beginning down the road of long-term stability.If you have one unit, and the unit is vacant, guess what your vacancy rate is that month? 

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

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Major sectors in the area include healthcare, education, government, and trades/transportation/utilities.💰 5.