I’ve heard some investors negotiate with their providers for extended coverage or switch to a landlord or vacant property insurance plan until the spec sells. 

@Jake Baker Man, what a tough situation.It’s a real reminder that even with solid plans, even with checking out our numbers a thousand times sometimes completely unexpected disasters can hit hard and mess everything up.

We are planning to rent one of the apartments as MTR.

However, keep in mind that tying your primary home to an investment carries inherent risks, especially if the flip doesn't go as planned.

I was planning on building the home in the traditional stick built style in my budget but am wondering if doing prefab may save some money/have other benefits.

I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Do I give up access to transportation, restaurants, cultural activities, doctors, emergency medical care, religious and business activities, vet care and maybe more, to live in the country on my ranch or on the beach in a beautiful country, or do I keep access to all those things and live in the city? 

My wife Kathleen and I are looking to begin our investment journey where we plan to settle in Georgia.

I don't plan to ever move the property, and I want to keep it as a rental as long as possible.Thank you

Hey Danny - That's awesome that you've made your first investment and are planning more with your family!