It's not throwing my money away on rent and saving me almost $1300/month) with the potential to sell the property for more $$ in the futureBig and L/T Investment- Yes, it's a big down payment and investment.

I explain that even though I currently don’t have a property that fits there need right now, it shouldn’t take me long to find a couple of candidates that may.

Some real slick s*&t!!

You dont have to do custom cabinets, but please think style, not just cheap.

Everything has a certain degree of risk.The difference is the millionaires and billionaires take the most calculated risks possible and win more times than they lose.You cannot eliminate the risk only make it smaller.I agree on cash flow.Never pay based on POTENTIAL or PROJECTIONS.I can show you many developers that lost their shirts because they predicted x,y,z would happen when they built out their projects.In appreciation games it's a crap shoot.Some win and many you never hear about lose.Nobody wants to brag when they lose everything yet those are some of the most valuable stories to tell.I would also say with cash flow to watch out for CURRENT NUMBERS.

When I was 20 years old, I was in San Francisco at the peak of the .com bubble, I put all money into tech stocks like everyone else and lost my shirt.

In the end I made money on it and sold it to someone else who finished it for $62K.You asked for suggestions and I would say it depends on the construction style of the home and how it's moved.

@Logan Zanki - BB&T is a great smaller bank for your personal and biz accounts.

I know some of the newer ones are bi-level or super-expensive condo style, but mine was more of an artist loft. the people upstairs had a nice fancy place with exposed brick inside and a fireplace and they paid more for it. mine was simple, white, clean, and very artist-oriented with separate rooms and windows in between the rooms like little art showrooms.

Think of T-ball to Dodgers in comparison of your duplex to the current PIQ.