(ABOUT 0.9% of the building’s value per year owned.).

You need to build a solid foundation if you want to last in this industry. 

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

I am looking to build my cash buyers list and am determined to get my first deal.

If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA

I am looking to do my first deal and have decided to go the route of building a duplex.

There are multiple industries driving the demand for mid-term stays.

I will appreciate your responses, currently I am developing guides from BP resources to prepare myself to interview and build a team.

My goal is to acquire another property this year, but I am struggling to build capital fast enough to amount to a down payment.

Definitely important to build a portfolio and get an appraisal before buying.