I actually just want to rent it out and keep the equity in it.im pulling out of my 401k for a down payment and my wife is going to pull 50k out of her trust fund for rehab cost on the 2nd house.i was mainly talking about after i rehab the second house(will be my new primary).

It was once residential with a main house (1800 sq ft) and small back house (750 sq. ft).

or buy something with an ADU and you live in the ADU and rent out the main house.the current environment is just tough. 

My main fear is that I've underestimated my Opex assumptions or will miss some major issue during inspection that will turn the deal into an alligator property.For the last 4 months I've been stuck in analysis paralysis and haven't been able to just pull the trigger on a deal.

Quote from @Travis Main: Hey David, Congratulations on being so close to closing on your first rental property!

Things that I'm looking for:- The main feature I'm looking for is  the ability to create as many "accounts" as I want.

The 2 main reasons for increase were as follows:-Many carriers have moved out of Colorado or no longer offer coverage for HOA communities, so there’s a smaller pool of insurance companies to choose from.

My plan would be to occupy the small apartment unit, and utilize the main house for my small business.

I don't use their reporting at all anymore mainly because I was double accounting for stuff with quicken and the limitations with their system.

I like to be aggressive with these numbers as cash flow is not my main focus now.