Also @William Huston, in your duplex example, I would buy the single family, though you still have a problem for management and vacancy.I am usually dealing with 75 units and above, so I didn't take time to carefully calculate my numbers.

I know some people may not have the time to be a mentor so I’m asking if someone needs some extra help with their business.

But, for no extra outlay for the duration of the loan, you'll eventually own it outright! 

But usually the HOA fees need be paid up.

As you get up to #7-10 mortgages there are a few extra guideline requirements, like more reserves required. 

The biggest con to buying properties this way is that you usually do not get to go into the property before you buy so you could have some nasty surprises when you do get in so your rehab budget has to have a lot of wiggle room. 

At that point, the extra $25,000 from that approach would be cash that I took out as well, correct? 

On larger properties, outside of performance calls, owner's usually get involved if there is a big bust in the budget (to alter the business plan if needed), capital expenditures are going to be more than estimated (find ways to cut costs if possible), or leasing strategies need to be adjusted to keep up with other competitive properties (example: providing concessions on new leases or renewals). 

@Aja Yasir @Caleb HeimsothFor hard money, I usually see 10-20% down on residential (1-4 units) and 20-35% down on commercial (5+ units).

The neighborhood is pleasant, except we have a next door home wherein 2-3 families are living in , the property is unkempt to say the least, usually someone is arguing and or fighting in the home, place reeks of marijuana and they have 3-4 dogs and 1 of the dogs they can't really control.Not sure if I'm being too overly cautious but I feel I can't in good conscience rent my home to another family knowing all I know with the nextdoor neighbor.Should I start from scratch and sell the house and buy a new property or keep and rent the house and buy a new property?