EVery month your duplexes gain equity, and lose cash from negative cash flow (yes, $100/month is negative cf...just waiting to happen), they are losing money for you....big time.Repeat after me. 

A DSCR of less than 1 means negative cash flow, which means that the borrower will be unable to cover or pay current debt obligations without drawing on outside sources—in essence, borrowing more.

I am fairly certain I only ever used "hard money" for three total projects and I am above 20 projects now. 

I only do this if I have time, I like the tenants, and only verbally.I've found the only tenants who ask are the ones who know they're losing money.

I only have a few years to pay it off as everything is going smoothly right now.I just received a letter from the bank stating they are updated their files and are requesting from me, an updated completed tax return and / or income statement.I do have several more years on the loan but  plan on paying it off as early as I can.I've taken out loans in the past and have never had to update tax returns to any of them so I'm curious as to why they would need it unless they plan on lowering my interest rate.

Hi everyone, I'm looking to buy my first multi family in the coming months and have read all about cash flow, 1% and 50% rule. I am still wondering is it bad deal if i buy a duplex that covers most of the mortgage but...

I only say this because the lender at the time was the one who suggested it. 

They can do more damage by leaving a negative review, so always be pleasant.

I only want to own houses or property that I rent.

If you’re not cashflow positive then this $37k down just bought you a negative ROI and that means you NEED appreciation and rent growth in order for it to be viable.