My friend's family is poor but I'm planning on helping him fix that with our business ;)We live in the Daytona Beach area in Florida which as many people know is where the NASCAR Daytona 500 is held along with Bike Week so the housing market is ridiculous here (in a good way)We're thinking since we are both going to stay with our parents well into our 20's we should make our first investment on a duplex so we'll have a great financial boost from 2 units funding us.I just want some opinions from experienced investors on how they feel about this plan.

Stay out of bonds in a rising rate environment, but get chunks out of mutual funds/equities for sure.I'd convert to a Roth or withdraw more during lower income years if I could.

I want to rent it out to my LLC, stay in the home, pay the rent and write off the expenses.

I will stay in the property every couple of months for a weekend or so but then would rent it out on airbnb when I’m not at the property. 

I think personally it makes sense if you're staying at a good rent level and can buy a multifamily house to generate cash flow.

Now this was two years ago, and the rent has gone up to $1250 with 2 of the 3 students staying with the house and splitting the rent even with the price increase.

Generally, you should be banking on 2-3 year but tracking #s monthly to ensure that everyone is staying on track.

I stay off Tapo Canyon a lot. 

Average tenant stays 2-3 years.Thanks!

They seem to always stay rented with no problems at all due to the price, location, and them being pretty nice units.