Smaller credit union banks vs. the larger well known banks options.What are some of the pros and cons when it comes to using each?

If you buy a property, make it have a positive income stream you can probably sell it relatively fast and move your investable cash into a larger complex later.

I'm trying to sort out all of the SDIRA and 401k loan stuff too.....My wife and I both have lots of our net worth in employers 401k plans....and have a smaller amount in an IRA that I inherited when my Aunt passedI'm trying o figure the best way to leverage that $$ to generate cash flow that I have access to NOW.My understanding with a SDIRA is that you can use the $$ to buy RE but all the cash flow has to stay in the IRA unless you want to pay tax and withdrawal penalties etc...so it s great way to invest in RE, but you are still restricted on getting to that $$ until you are much older....I'm looking to leverage that $$ to use the cash flow now, not when I'm 59 1/2.......

Yes, you will get a little bit more for a 3-bed house, but your renter pool will also be much larger, making it easier to fill, especially in an area like Pike Creek that is family oriented.  

Once you start "telling dad" other people seem to find all sorts of things you are doing wrong.

I'm not in a position to do this yet as I have not developed any sort of network yet but I WILL be able to one day and I simply love this idea it sounds like there is no way to lose.

Some commercial lenders may let you do this via them placing a second mortgage on the duplex, but I've not attempted this so not sure what sort of appetite there is for this kind of loan.If you're going with a commercial lender, just ask them what they can do and they'll tell you. 

All you want to confirm is whether the deal is good and your attorney can sort that once you have a contract signed.This is a simple solution I've done it hundreds of times.

If you want scale, you will eventually move into the larger units, but there is nothing wrong with getting started in the 2-4 unit space. 

Two buildings on one lot...if you rent out the larger building, you could live for free!!