Purchasing a duplex is great idea as long as it won't cramp your style with the babies...I am in Central Arkansas and always looking for partnership opportunities.  

People are not careful and run too much grease down the drain and sewer clogs up, or baby drops a plastic lid in toilet that plugs sewer, $1200 later the plumber fishes it out after sewage backed up and ruined $1000 of carpet.

(First baby, first contract, first purchase, first rental, etc.)

My husband and I work full time and manage our houses too. The

I agree with this strategy because:- You could potentially live in a unit for free as your other tenants will pay your mortgage- You are right there to eyeball everything that goes on with the property- Rents are more than enough to pay your mortgage monthly- Take your profits and roll them into another rental propertyTry that baby step.

Everytime you give an extension and the money is still in escrow, it's very hard for you to get it because the buyer will fight tooth & nail, and it doesn't help that we're in CA.With respect to Wells Fargo, they are strict, and that's why they were not in financial trouble like other banks during the mortgage meltdown.

People in the United States feel wealthier than ever before, and cash-out refinancing and interest-only adjustable home loans make sense, since the baby boom generation is in its peak earning years and will be for many more years.

Try a sub -$100k home and take a couple baby steps.

It may take baby steps.

Do I need to pay for a tenant's tooth filling too, because I can afford it?