But if you have one person who wants high end and new all the time and another who is fine with status quo, it is going to lead to problems.

It also stays off of your personal credit/DTI which will help you as you live your life outside of these properties.Those will be a specific set of lenders that you will want to look into as many of them have different requirements that you would have to adhere to, but overall much more of a simpler process than your conventional lenders, while being a couple of points higher in processing. 

If you're the kind of person that needs hard math and graphing to understand things, this is completely the book you need on building wealth through duplex living.If your wife is behind you in this idea, and can see it as a move to financial independence, congratulations, you're in the small minority, as I am.

To which I turn to the most trusted community in RE.Myself and two of my business partners are looking to start our journey in Real Estate development and am looking for some advice, we have experience in owning and managing rentals so none of that is new to us...just building the thing is.We are looking to start developing duplex homes across the Chicagoland Suburbs but cannot find the right person to talk to that can give us a clear idea of where to start.

Hello,I have two investment SFH but they are under my personal name.

Personally if someone breaches a contract with me I will often go after them.

This will allow you to keep your personal name of the articles of organization.  

After that it becomes very personal depending on investors goals, abilities, interests, etc. 

Personally no, but it's just something I don't like to deal with. 

Since I'll be living in one of the units, my personal preference is to find something on the newer side, which would likely mean higher rent/unit but I'm worried the higher price point would limit the tenant pool.