I met with a seasoned real estate investor and he said ditch the duplex, go for the fourplex.
So I am just about to buy my first property. Let's go back a second and say that I am prepared to buy but haven't found Mrs. right yet. I have looked at a few duplexes and got a chance to hang out with a client of mine who flips houses and has done buy and hold in the past. He gave me the advice of staying away from the duplex because it wouldn't cover my expenses if something happened with the other side (I will be doing the FHA 3.5% down and live in for a year). I understand what he is saying that a fourplex is more "safe," but in the end is a duplex that much of a bigger risk than a triplex or a fourplex? Any advice is definitely welcome!