You will want to check with your accountant, however, because you will have some tax considerations.

Current interest rates are a factor that we are taking into consideration but if a deal makes sense with the current interest rates, we don't have a problem reinvesting. 

It does not take everything about your specific scenario into consideration, etc.

So always make this one of your most significant considerations when evaluating real estate deals.

I definitely will take all your tips into consideration!

If you foul up and accidentally use an unlicensed vendor you could find yourself in some considerable financial trouble as well as having to redo all your work using a licensed company.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

Any advice on these considerations or additional factors I should be aware of would be greatly appreciated.

Because laws and customs vary considerably by state, the first thing I would do is find a good RE attorney who is well versed in private lending IN YOUR STATE.Knowledge of SAFE act considerations, Usury laws, etc can save you a boat load of money and headaches later.I would probably also suggest either placing your funds with a lender who has a pool (you'll get a lower return) or working with a broker very experienced in private loans.

I have a considerable amount of houses.I use spreadsheetsfor rent roll and track income, expenses and repairs.I use text for communications.Easy Peazy.