Many people have had a great experience with home warranties, myself included.

Evan,You are going to want to check out SONYMA and Home First for NY.

Some people will mistakenly use the word MOBILE home to describe a MANUFACTURED home, but those are very different things when it comes to financing them.

That would typically NOT be by going above and beyond changing the way heat is delivered as ductwork would require a lot of demo to do right. 4.

The sale of our home will provide us with approximately $150,000 to allocate toward investments.At this stage, we feel most comfortable focusing on long-term rentals.

Typically on market (retail) SFH rent is at ~0.5% rent to purchase price ratio. 

My first investment property happens to be my first home purchase, so my questions are hopefully basic for anyone experienced here.

My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.

This is tough to do with today's high prices and mortgage rates, which is why so many investors have slowed down or stopped investing until the market turns favorable again.Below is an example of a single-family home in Allentown.

I agree with Collin.At the very least, you need 2nd home, "vacation rental" insurance.