My primary residence has about $700K in equity and my IRAs are solid, but they don’t look at those.

Since the Utility Bill will change each month, each tenant's portion will also change each month....Easy Example: Say we manage a 2 family with 6 tenants/residents in total: 4 people living upstairs in Unit 2,  and 2 people living downstairs in Unit 1:  If January's water bill for the whole building is $100, then February's Rent for Top Floor Unit 2 would have an extra $100 x 4/6th (or 2/3 rds) added on = $66.66February's Rent for Bottom Floor Unit 1 would have an extra $100 x 2/6th (or 1/3 rds) added on = $33.33I always send each Tenant a copy of the entire building's Water bill, plus a cover page with a detailed explanation of the billing-breakdown.Make sense?

On the note of action here's where I'm at in my journey...I have lived in my primary residence for nearly seven years and have significant equity in it.

These are my primary source of income.

Also, consider living BELOW your means as you clearly overspent on your primary residence which is a common scenario unfortunately. 

They were members of a Christian church when my father was alive.Their real estate portoflio to include their primary home is worth 6.2 million, and their passive income rental brings in over $240,000/year.

Hello,If I purchased a SFH with an investment loan (i.e. not primary home loan), and it's been over 2 years since I got the loan can I transfer the loan (presumably the buyer needs to go through all the same loan due diligence from lender) to a buyer that will use the home as their primary or secondary home?

That's my understanding of the deals based on his explanations in TikToks and live streaming.

What I would do is check with your current insurer for your primary.

I have a rental property that used to be our primary residence.