Use the "extra" income to build a reserve for maintenance, vacancies, and other expenses that don't happen regularly.

Looking to buy a house upstate NY with a FHA loan and live there.

Asset Management Fee: This is a little higher. 2% is more common. 

I am looking forward to connecting with fellow lenders, accountants, and real estate agents to get more perspective and build my knowledge on real estate so that I can start to build wealth in my mid-20s and onwards.

I walked away with a thorough understanding of what it takes to run a successful Airbnb, from setting up listings to managing guests and maximizing occupancy rates.

This can lead to a more productive conversation and help you refine your proposal

However, I have been trying to figure out possible creative financing options to build more without having to sell, but I cannot seem to find a lender willing to do 100% down on land and construction even though the LTV would be below 50% since I can basically build for costs of material plus minimal labor by doing almost all of it myself , with a little help here and there. 

It is currently stable with a tenant and should appraise for much more than we have into it.

Beyond that, a bit more color on this duplex would be helpful....condition?

Some groups seemed to be focused on using you as their cash cow to fund the organizers lifestyle.