My father resides in this property and is managing the flip, leveraging his extensive experience in property renovation.Financially, I bring to the table a stable annual gross income of $270,000 from my successful healthcare company, which will continue to support my real estate endeavors.

Our efficient project management ensured the renovations were completed on time and within budget.

Personally, I don't have any issue investing or managing over there.

Our efficient project management ensured the renovations were completed on time and within budget.

You'll need to search for homes, understand the market, meet the right people, check who you're renting to, manage your property well, and keep money aside for surprises. 

You'll also want to factor in any maintenance costs and property management fees.It's a good idea to consult with a financial advisor or real estate professional to help you determine the best course of action.

Our efficient project management ensured the renovations were completed on time and within budget.

Here are a few considerations to help you decide between a 4-plex and a duplex:Cash Flow and Returns: A 4-plex typically generates more rental income compared to a duplex, potentially offering better cash flow and returns.

Plus I manage my Single families myself.

Let's assume 2 years on the conservative side.Property manager: I would manage this myself.Net income (monthly): -$290/month.