Now, one last thing... if the item(s) that are damaged are brand new, the settlement may end up being close or exactly the same in the case of either RC or ACV... this is because there is essentially little or nothing to depreciate.

You need to make yourself actionable items each day and work to complete them until you find yourself diving in.Feel free to reach out to me if you have any questions!

The number fits my plans but some items I am not sure why they are required.

More tenants to deal with, more items to break/repair in the quad then the duplex.So for me to choose the quad I would desire it to have close to twice the benefit of the duplex (i.e. twice as much cash flow and/or twice as much equity gain). 

If you incorporate these items in your tenant application, it will help you to screen applicants more efficiently and filter out the deadbeats.Good luck!

Those are our two hot items right now, and by the way they all came from an absentee owner list I purchased through listsource.com.

Some traditional lenders won't do loans (as in the loan amount not the property value) for less than 75k. 

Two of our contractors spring to mind, the plumber who despite all the best connections in the world hates the business of rental property, and our tree guy who plays the same game as us (buy and hold) and we often compare notes.Some people like the game, some don't.And again, the debt thing is down to personal choice, although interestingly a friend who spent $65k on a truck has since told us that it's the last time he's buying such an expensive item, and when it's paid off, it's paid off.

I have opened up so many newer options, those comments are no longer relevant as I've been buying 4-5 properties/year and Brrrr them and either incorporating them into my portfolio using LLC which then don't count against my 10 traditional mortgages, or selling them off. 

However his work and employees work on certain items would be a major contribution.My partner would have the GC license, be able to run things day to day give direction where necessary, pull permits etc.