taking this from a dup to a single family would not allow the rents needed to cover the investment leaving us without the option to hold and rent, like we intended to in this area.

I’ve been looking to attend (and possibly speak at) more real estate and investor-focused conferences — especially those that cover midterm rentals, corporate housing, or property management trends.Networking and staying on top of industry shifts are a big part of how I grow and help others in this space, but I realized I might be missing out on some great upcoming events.So I figured I’d ask the community:- What real estate conferences, summits, or meetups are you planning to attend soon?

@Aswin SinghSince you will be living in the duplex, you will want to get a homeowners policy, which will cover both the building, as well as your contents.  

The difference is likely the fees.It depends on how much the equities are making in the 401K and what rate of return you can make with real estate.If you can make 2% more annually with real estate, I will argue that you the extra return will more than cover the penalties and provide you more flexibility with access to your own funds.

I have also applied for the Greenline grant (a first-time homebuyer assistance program) and am hoping it covers some of the costs, but I won't know if I'll receive the grant or the amount until March, so I'm currently budgeting without it.

What do people do to cover their basis? 

Being that it is the slow season here in Minnesota, we are entertaining the idea of having expenses covered over the winter.

Tiffany,Check out my profile and send me an email you are not getting the full scope there are some other things they need to cover.  

I'll also get to help out and learn some trades with him.My main concern is he doesn't have enough $$ now to have any skin in the game or cover any upfront fees. 

If long-term rental cash flow won’t cover that debt safely, consider a wholetail/novate to a retail buyer, or sell on terms as the bank (rent-to-own/owner finance) to capture higher price and avoid full gut costs.