Should I continue to buy duplexes/triplexes which are more lucrative, or purchase only single family dwellings which may be more desirable in the upcoming market?

They continued doing this until they moved into larger and larger properties.

Long term I want to continue to rehab as well as buy and hold.I have a lot to learn and am excited to get started!

Hope this excitement can continue for many of years!

By the end of the year we will have an attractive, fully remodeled 5-plex in a decent area close to the University, shops, hospital, etc..Preliminary calculating the commercial value as a function of the NOI and assuming a 10 cap we would seem to have gained a decent amount of equity - if we do not occupy the 2BR.

Sounds like you're on a good path - cheers to your continued success.

Deals are very hard to come by up here now so we are thinking about taking out a HELOC and continue our REI with that.

I must investigate more before continuing.

Property photos show a cosmetically clean and functional place inside and out, no visible work needed (I know, the devil is in the details).

Keep it and I'm sure you'll continue to have success, especially with BP on you side.Cheers!