A) The $40K cash on hand was not including my emergency fund and merely represented what I wanted to stick to as a low ~10% DP or to be used for a small refresh/reno. 

Recent discussions in Bloomberg and the Yale Law Journal shed light on the challenges posed by traditional zoning regulations and offer insights into potential reforms that could benefit co-living arrangements.Zoning Laws and the Definition of FamilyTraditional zoning laws often define "family" in narrow terms, typically limiting residential occupancy to individuals related by blood, marriage, or adoption.

This isnt a "Mayank" problem. 

You can just have people rebook if they want.We bought our lake house for use to use on occasion as well.

This is the real estate cheat code in my opinion. 

Now, I'm stepping into the investor role myself and looking to learn, grow, and connect with like-minded individuals.I'm eager to share insights from my lending experience while also gaining knowledge from seasoned investors.

This is interesting ..

Maybe see about getting it turned into a section 8 and showing the tenant how to do that so you can get guaranteed rent from government if its a possibility?

I would like to use the equity I have built up in my current duplex to purchase another investment property.

(This literally asked monthly if not weekly.)Until you have more than 25-50 properties you can use Quicken.