Are you finding the market strong enough to introduce more from a newly renovated multifamily?

By purchasing a multifamily property and living in one unit while renting out the others, you can significantly reduce or eliminate your housing expenses.

There are so many strategies based on risk preference, family expenses, etc. 

To add to what Bill Gulley posted, up to 40% of tenant's income may go toward housing expense / rent, but that means that you only can get rent above HUD's FMR of like 10% of the tenant's income. 

The reason I am asking is because I live in Charlotte and my market is pretty expensive.

cover expenses with other income' - well, that's the issue. 

I have received several off market duplexes in the last few weeks predominantly in north Nashville around the 350k range but they all needed some level of renovation. 

Sure.... do I think its a deal breaker to be a good real estate agent... hell no...Do I think the bar for getting a license to sell people the most expensive purchase they will ever likely make is too low ?

It was an expensive articulating arm mount.

If someone charges 10% management fee but then nickel and dimes you for every light bulb they change that actually ends up being more expensive than if you pay 20%.A side note here...