I am planning on doing a BRRRR.

Well, they may have other properties doing great and need the tax write off... maybe they're expecting great appreciation of the property and will sell it later... maybe rents are rapidly rising and they expect to be cash flow positive in 20 years when they plan to retire anyhow... or after the mortgage is paid off...Who knows?

If you plan on being in the area for awhile it's the best way to become a landlord.

Justice Department Says It Will Reopen Inquiry Into Realtor Trade GroupOn Friday, the U.S.

If you're not, make a plan to house hack, and then house hack.2. are you already in touch with lenders? 

If you show them the property and tell them what you plan to do with it they should be able to advise you on what they think it will sell for and how long it will sit on the market.

If you are planning on living on one side of the duplex, you might be able to do the STR for 120 days.

That wouldn't be a problem if we were planning on staying for the next 10 years but eventually, my fiancé and I would like to buy our own private house.One upside is that appreciation is quite strong in the market I'm looking at, however, I don't know if I would want to rely on that.

I took your advice and am planning to attend some REIN events soon to start meeting more local investors!

That's time for a new negotiation and they will likely buy your Option back from you.You can also sell or trade Options for cash or anything else you like and they are great to hold in retirement accounts too.I currently hold an Option which I paid $4500 to the local County for the owners delinquent property taxes to save his house from foreclosure.