If your tenant starts a kitchen fire and the insurance provider finds out it was a rental, they will deny your claim.Landlord insurance still covers the property, but won't cover your personal belongings since you live elsewhere.

To list a few...Anyone who wants to increase their property’s income potential (and equity) and build new housing in a market that struggles with high prices, low supply, and few new construction.House hackers who live in their primary and want to airbnb an ADU love this strategy or vice versaInvestors who want to do both long term and short term benefit from having two separate units.Rental Restrictions on ADUs.Thankfully, Raleigh is very STR friendly and ADU friendly right now.

Buy a 2-4 unit property with an FHA loan (3.5% down), live in one unit, and rent out the others.

You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.

He doesn't have to worry about a rough needing replaced or a tenant causing $20k in damages after one year living in property.  

Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

Quote from @Nicholas Dillon: Hey guys,I own 2 LTR properties, plus my primary home that I rent out half of the year while I live in Indonesia with my wife, who is Indonesian.  

He will live there and watch over the three teak locations and animals.Got the site and pad ready. 

Last thing to look at (and right out of the pages of our client's own experiences) might be starting a transition of wealth in the form of using 1031 strategically to purchase property that your heirs live in until you pass and they inherit.