When you sign almost all mortgage closing packages, you are signing an Occupancy Clause that states you are intending to live in the home for 12 months.  

@Benjamin Goodman gives a good example referencing live in flips. 

Hello, my name is Kyle Hardie and I live in Fairmont MN. 

I've lived in central Texas for 44 years and never have I replaced a roof less than 20 years old.

Convert the property you are living in now to your second rental, and buy a new home for yourself. 

I too live in Asheville, so Sapphire was closer than Cashiers and Highlands.

If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.  

I currently live in the Bay Area, but I’ve decided to start investing in the Jackson County/MO area.

@Jarrod OchsenbeinIt's great to hear that you are succeeding with the co-living model.

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.