PP $310k   GAR  $25400   Total expenses $6,400  (Taxes $1900, Insurance $1,300 Maintenance $ 100, Vacancy reserve $2,200  self managing, Utilities & trash and lawnservice paid by tenant) NOI $20,000   Cash flow $6,275  Cash on cash return  7.82% Now since I have never done this, I have gathered the information and plugged the numbers in where I could.

I'll need to start utilizing private/hard money to continue acquiring properties.

One benefit you may get out out of a side by side duplex is the splitting of utilities.

That could be an option, to bring in friends and family as partners or if any of your connections have sizable equity, they can also utilize a HELOC.

No HOA, ~450/mo insurance (expensive, high fire area), $400/mo other utilities. 3% maintenance reserve, 3% closing costs etc. 3.2% 30 year fixed 20% down mortgage...could likely shop for better terms with an accepted offer.I'm assuming 20-30% of home value depreciated in the first year via cost segregation study and purchase price of 1.55MM which is an "outlandish" bid well above asking I'm considering but am shocked at how the numbers are still working. 

Here are my major concerns/questions below:1) HIRE CPA: Despite this being my first property (in the process of purchasing a second), is it recommended to utilize a CPA.

Current rent is $500 with all utilities payed by landlord. 

Prices are higher for food, utilities, gasoline etc.5.

The land and utilities are key .

I am currently house hacking in Westminster CO and have a house where the basement has a 1,000 sq ft basement "mother-in-law" suite that has a lockable, entry door in the basement utility room.