I figured if I can do more of those it would generate significant cashflow to help me keep acquiring properties/notes. 

There are pros and cons to both, but keep in mind with a duplex (or greater), if a unit becomes vacant, you still have cash flow of the other unit(s).

Just keep screening those tenants @Sandy G. it will pay off. 

I am also fine with keeping only 4 cash flowing units and not overpay. 

Do a 1 year lease and let them know you are willing to keep them long term if things continue as they have been.I did a 2 year lease with one set of tenants and it includes annual rent increases.

The FED keeps hinting at rate cuts but once they make their first cut, the market will probably start falling because it means the economy has slowed.

It just happened that im in the process of purchasing 2 properties this month. 1 is a rehab, that I plan on keeping for my self for a bit then selling.. the other is an invest property non owner occupied thats a 3 familyThe rehab I need to purchase out cash 105k and another 15k-20k to repairThe rental property I need to put 25% down and closing is around 70kSo I need 175k to purchase and another 30k to repair both properties I have 90k in liquid in a savings account,  230k in a 401k made up of the funds and stock and about 330k in my companies stock account..My plan was and not sure if this is the smartest way .. hence why I'm asking here!

Some cities require the STR permit number in the title or very top of the OTA listing so city permit  technicians can scan and keep track otherwise the owner will be contacted and fined for forgetting or shut down if operating illegally.Some cities have a 24/7 STR hotline dedicated to receiving any complaints (from neighbors, HOA) for a code compliance officer to act onSome cities issue expensive fines for those operating without the STR permit

As you get closer, you can keep them informed as to what's going on.

I'd love to hear how it goes, so keep us posted!