live-in-flips are a great option too!

I used to live in Katy and still flip in Houston, but recently move to Florida. 

I change out rugs a few times a year in my living room.

Many investors start with a multifamily property, like a duplex, as living in one unit and renting out the other can offset your mortgage and reduce vacancy concerns.Take your time running the numbers and researching neighborhoods—you're off to a great start!

Having lived in IN for 8 years before moving to Austin TX, I believe this city offers great opportunity now and much potential.

I'm sure they also told you their systems will protect against aggressive attorneys and creditors and make you invisible so nobody will ever dare file a claim against you...it's all a money grab.If you are a sole proprietor I am putting my money on the fact a single member LLC in the state in which you live/own real estate will suffice.

Yes...as long as your living room is really nice....

They will all (in theory) be living somewhere.

I am orginally from Elgin, but living down in Logan Square area of Chicago proper!

I don't think you are going to be able to get insurance for two separate living units in a single-family when they are both illegal and likely do not have the correct egress windows (basement) for fire safety which could subject you to huge liability if something happens to either party.