It’s a great return on initial investment but there is opportunity costs now. - Vegas real estate market is hot.

Purchase price: $34,000 Cash invested: $24,000 Sale price: $100,000 Bought a home initially to fix and rent.

Maybe take a swing at doing that BRRR you were Initially going to do!

Initial cashflow with low money down will usually result in being negative in the early years.

You said you were looking towards SFH in another post so Hard Money Lender are good to get you money faster, fund the initial purchase and fund the renovation. 

I am trying to get started in real estate investing and my initial plan is to save and house hack a duplex.

Initially we are focusing on learning about buy and hold rental investing strategies (Single Family/House Hacking).Any words of advice for a young couple that is starting out in the real estate investing world?

Unfortunately, liability insurance, while absolutely necessary only goes so far; after the fact is too late to initiate an asset protection program, needs to be done ASAP.

I would guess this needs to be deducted off the income of the newly acquired properties, even though the "paperwork" states that the interest is against the initial property that the cash-out-refi was against.

Also, how much initial capex did the property need?