Some of those facebook groups have thousands of members.

Both of them are by the bedroom and this new one I just completed a master bedroom build added on to the back of the house with a private entrance for myself so I’m currently renting out the other 3 beds.Which cost me thousands more than I expected due to contractors not performing like I had expected etc etc.

I literally financed 10 properties without a job back in the 2010’s when “credit was tight.

That's why a savvy seller or realtor is going to say "show me the money" in the form of a bank statement or letter from your bank - It's literally to stop wholesalers who don't actually have the cash from trying to throw around cash offers just to get a contract they can then assign to a real buyer. 

Every year I sell properties for investors after they've been fined tens of thousands of dollars by their HOA for using the property as a STR against association rules.

It is impossible not to increase your bottom line with thousands of "Baby Boomers" going into retirement in communities nationwide who will be needing service enriched housing but,  still wanting to avoid institutional settings.Converting some houses into home like personal care can be tricky.   

This is quite literally someone's stolen savings.

Now I have a few thousand dollars saved up with no debt and access to about 5K in borrowing power.

It's worth spending a couple thousand dollars to get the facts about what you can and cannot do and to be guided through the process correctly the first time by an attorney specializing in these complex, ever-changing laws.

Living thousands of miles away from KC makes it a much easier decision as well :P I calculate PM fees into my analysis (in addition to vacancy, maintenance/capX).