I appreciate the insight!

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

Just need the land.

@Kerry Hermann We got our start in the western Chicago suburbs as well but are now totally focussed on The Shoals.

But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment. 

Basing insurance price on past losses does not adequately compensate for the future risk which is higher.  

The Charlotte area population is expected to soar by 50% by 2050.

The won't insure you or they will jack up the price considerably. 

It would be considered to be the safest end of the spectrum.  

For items not available before the SoE and hitting the market after the SoE, you can raise prices a max of 50%.