Have you folks checked with your insurance company ? 

I may pick that up next, just wanted to get some additional options.As the title says, post your favorite or most influential Multi-family/commercial investing book here.

Also, you'll need to consider the property taxes and the home insurance payments.

A real estate agent can also review to let you know what is customary in your area- IE who pays for title insurance, escrow fees, etc. 

If you combine them into a commercial property, the lending rules change and financing becomes more complicated and more expensive.3) the economies of scale are the same for 3 duplexes or a 6-unit parcel.4) insurance is likely less expensive on 3 duplexes5) a valuation based on NOI may or may not be greater than 3 residential buildings.

Importantly, these companies also buy insurance to cover the cost of buying out the exiting partner.

Posted in another area with better title.

My partner and i are holding title in an LLC.

and I have not yet asked the tenant if he got renters insurance. 

Historically you couldn't get conventional financing for an LLC, but as of November 2017, Fannie Mae now allows the post-closing transfer of title to an LLC.