SFH up to 8 unit-(3+bed 2+bath 2car garage. 1200+ square feet per unit.

Since then, we have done significant renovations and turned the other unit into a "Mid-Term Rental" getting our first guests at a favorable rate, nearly 1.5x the previous rents combined.During our initial appraisal, the closest comp was valued significantly higher, but was completely renovated.

I just had pest control come out to one of our units last week and it was $485 so that sounds about right.

Annual maintenance inspections are a great way to see how the tenants are taking care of the units and to reinforce expectations.

I have a 23 unit condo building in Chicago, and I currently own 22 out of the 23 units with the intention of buying out the last unit.

This is common when you purchase large MFH, 20+ units, and commercial properties.

There is so much information out there and so many people now know what Rich Dad Poor Dad is, what an FHA loan is, how to buy a duplex and live in one unit and rent it out, etc.  

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Are the units you own in NY? 

The key points to remember are:Homestead Protection: Texas law protects the primary residence from forced sale by most creditors, extending this protection to duplexes if one unit is owner-occupied.Rental Income: Generating rental income from part of your homestead does not disqualify it from exemption.