That was refinanced later to very low fixed interest rate and is now fully paid.

Adding units at the Cedar Circle duplex could be a great value add.

You also cannot rent to a family with a child under 6 unless the unit has been deleaded, the EPA lead paint disclosure form isn't enough to allow it like some people think... the unit needs a letter of compliance to legally rent to them.

I have a few rentals in the Denver area, and one thing I really enjoy doing is installing Life-Proof LVP flooring in units each time they turn over. 

Currently all properties are fully paid for SFRs.  

On top of that, as has also been mentioned, it'll never truly be "mailbox money" because you do still need to manage your property managers, especially when it comes to capital expenditures.My personal investment forte is 2-4 unit buildings, and in my opinion they are by far the best asset class for new investors.

As my portfolio grew, having one in my own name never felt like a major liability or administrative headache.My first Lehigh Valley property was a three unit, purchased with a partnership under our own names.

Use Furnished Finder to study comps, and talk to some local property managers to see if they can help you get an idea.Once you have the gross income potential number, take that and back out all of your expenses.

I would recommend you look up Cody Davis, his story is really interesting, and he had a lot of apartment units by the time he was 23.

My wife and I are considering purchasing our first 6 unit apartment building.