This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.

If you want private investors, start by asking friends, family, or colleagues in your network who may wish to a passive income opportunity. 

(Available time, money, income, family situation, credit availability, time horizon, real estate market location and phase, medical situation, etc etc.)

But I'm getting substantial pushback from family exactly for being on-call like that for so long.

My goal is to build a successful flipping business while keeping family time a top priority.

However, there are still plenty of tax benefits when it comes the income you generate from your multi-family property that you can deduct from. 

I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1.

I am still early on in the plan and still expect to purchase about 30 more single family homes over the next several years.  

With that home we see a lot of family visits.