Spoke with him personally for over an hour and a half.

But I still pay half?

You basically save half the commission to answer the phone and give out lockbox instructions.

@Serenity Fox the easiest way to finance a multifamily is probably FHA.

My broker issued me a policy through Berkshire Hathaway for a four unit here in the burbs that literally cost me half of what I was paying through a big name brand.

Easiest way to lose your wealth by violating that true separation.Banks are nearly as nervous as they were before, so some aren't kicking the tires as hard as others.

If you have a 5 bedroom house even in a $500k house I do not think it is even conceivable that you would rent all the rooms - I'd only bank on one or two roommates - and since Wichita is what I'd call a little big town - most people aren't going to want to live with someone they really don't know.I think you're most realistic situation is buy a very nice duplex (there are a few from time to time that are high end) that will come for sale - live in one half and rent out the other where they should make  a vast majority of your mortgage payment and live for nearly free.Secondly - buy an affordable house (if your intent is to move in a short time span so below $250k or so) and then only bank on having one or two roommates and only charging them $750 or less depending on how nice the place is - unless you have a large base of friends that are willing to live with you.Just my .02 -- and best of luck!!!   

I cant pronounce half the names that apply.

If you build it for more or sell it for less, you spent a year and a half of your life improving a neighborhood.

Been investing for 4 and a half years and we are up to 7 rental units consisting of 3 single families and 2 duplexes.