Another thing I wish I had done differently in my own home.

Can keep track of different tenants.

We have invested in mobile home and multi-family syndications, and we want to diversify into a different segment with good cash flow and some growth opportunities.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

@Rich Davis "The difference is I'm in Maine, where the evictions laws lean landlord friendly.

I’m currently in the save all of money phase, I want a couple years of solid savings and some education before I get started, I’m 33 and have been working construction my whole life so this will be a much different career path for me.

this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc. 

While similar these 2 operate vastly differently, are positioned wildly differently. 

Also, insurance companies rate homeowner's differently from landlord policies due to the fact that you live there. 

Everybody is different, but the climate is tougher now as carriers begin to cull customers to eliminate unprofitable ones.