This may be a pipe dream financially and if it is would certainly entertain a main building with cottages.

A new property (3BR, 3.5BA, 4 floor) we are analyzing passes all the check marks for investing viability, except for financial from the way I look at it.

At some point (it may be too early), you will need to start thinking about business succession planning, and when that comes to play, understanding what your options are will be instrumental in helping you make a good decision for your financial future.

Like maybe hire an off-duty law enforcement officer to simply stand there while I have my own crew set out the belongings on the curb.

I'm in my mid-20s and have become interested in real estate investing through my main passion of financial independence.

Since then he has mostly bought apartment complexes and has never lost any money and talks down about owning less than 32 units which usually allows you the chance of hiring an experienced Property Management Company to handle the daily operation that includes the screening and maintenance and you just manage the managers and get regular (once a week) financial statements and you still have positive cash flow.

I do have a lot of "roundabout" knowledge of real estate because I've listened and read many hundreds of hours' worth of financial independence podcasts and books.

Given the asking price and the fact that this duplex appears to be immediately rentable, this stands out to me (as a beginner) as a good deal.

You can be a good neighbor, and even quite friendly, as long as you stand up clearly for your own interest and separate the two types of relationships.Yes, you have two relationships here, friendly neighbors and landlord :tenant.

Do you mean financially or purely from an interest perspective?