A duplex with one LTR & one STR might not go that well as LTR tenants tend to get super annoyed by having a constant stream of drunk partying STR people on vacation next to them all the time.

My wife and I are landlords and live in the first floor of a two family dwelling.

I called the borough office about flooding in the area and they said it hasn't been bad since 96 since a bottleneck issue with a nearby stream has been fixed. 

I am looking to buy-and-hold a multi-family dwelling (2-3 unit town-home / apartment) in Dallas Ft.

For a 1-4 family rental dwelling, the most common policy companies use is the Dwelling/Fire policy.

There is a 50' railroad easement between my dwelling and the river although my property line extends to the normal water line of the river. 

Hi Brian, I've invested in 14 multifamily syndications in the past several years with many Sponsors/GPs and have found it rewarding to have geographical diversification and passive income streams.

Weekly Goals- [ ] Prospect new luxury home clients 3x per week- [ ] Make an offer on 1 investment property per week Monthly Goals- [ ] Read 2 books per month- [ ] Sell 4 homes per month Yearly Goals- [ ] Get a business tablet and computer by the end of the year - [ ] Lost 30 pounds- [ ] Sell one house per year priced over $1,000,000- [ ] Make $150,000 per year- [ ] Take a small get away with the family such as camping or a weekend vacation every 3 months - [ ] Take at least one big vacation a year - [ ] Flip 4 houses per year Long Term Goals- [ ] Become a Certified Luxury Home Marketing Specialist - [ ] Become Certified Military Relocation Professional - [ ] Become Certified Resort and Second Home Property Specialist - [ ] Own 10 rental properties cash flowing an average of $300 per month after expenses and reserves - [ ] Hire first employee for real estate agent business- [ ] Buy a franchise of an existing brokerage or open my own brokerage - [ ] Improve credit score- [ ] Pay off all credit card debt- [ ] Pay off car - [ ] Save 1 year of living expenses in emergency fund - [ ] Pay off house - [ ] Build 3 Streams of Income - [ ] Drive a Tesla Model S - [ ] Drive a diesel, 4wd Ford F250- [ ] Buy a boat - [ ] Buy a Rolex- [ ] Become a net worth millionaire - [ ] Become a cash millionaire - [ ] Build a custom home/farm in Georgia with enough land to start a hobby farm when I retire and hunt on the property - [ ] Donate at least $1000 per month to organizations we believe in

Wanting this to be a passive income stream and section 8 tenants cause a lot of problems typically.

is banking on the value increase over time and the $200-$400 a month income stream from one house.