Pay it off and then buy a new primary and turn your current home in to a rental.

Hey Kenny no it's more out the money to work and if needed get personally involved right right now have 3 clients I helped raised 175k in 0% interest business funding with 12 months 0 apr and they want to get going in real estate and make modest returns not shooting for home runs 

They want to keep the note long term but want to leverage or recapitalize using hypothecation (similar to #3 on Chris's list but with notes rather than homes). 

Story: Bought a home from PreReo.

Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales. 

Purchase price: $80,000 Cash invested: $80,000 This is a reno- adding a 1 bedroom unit to a three family home.

I renovated the home while 3 of my friends lived with me and paid my mortgage.

I believe the older vacation homes that have not been brought up to date will really struggle with occupancy and / or rates. 

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

It might make the most sense to just sell your primary residence and use it as 40% to 50% down payment on your future home.