Consult with the proper professionals to make sure it's setup properly and look into how you can maximize your tax savings.

I would suggest trying to find Single Family homes where you can have separate living spaces (walkout basements, separate entrance) that way you get the comfort of a duplex without the price. 

Without this the rest of you liability tiers may be voided.2 - Umbrella policy - pretty much another no brainer - its cheap protection. 3 - manage debt loads - if you are comfortable keeping a higher debt limit, it is a strategy to reduce your net worth and make that target smaller. this comes into play when considering tapping equity in existing properties.these 3 should get you started. but its all up to your own risk tolerance.

In the Asian household you are taught to always be polite and never be too pushy.If you are to follow this advice you will be a great son, but a terrible businessman.To be a great closer you need to be comfortable in being persistent when you are met with resistance from the seller.I cannot tell you how many times I have been yelled at by the other party.

In the Asian household you are taught to always be polite and never be too pushy.If you are to follow this advice you will be a great son, but a terrible businessman.To be a great closer you need to be comfortable in being persistent when you are met with resistance from the seller.I cannot tell you how many times I have been yelled at by the other party.

One was not on fixed interested rate, which I didn’t feel comfortable.

I'd try and stick with by the room as long as you can handle managing it otherwise you'll drive that cash flow down even further if you've moved out.I think 10% for Repairs and CapEx on a home that's 130 years old is definitely on the low side for my comfort level.

You make your money when you buy with equity, not at or above retail price.If you do not plan to benefit from the purchase because you are living in it, sure, make whatever offer your comfortable with.

Sometimes small things can make the home more comfortable for tenants.

@Kiley Marvin Great work, looks like a solid long-term investment with a variety of options to maximize cash flow.