Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kIf you are looking for a long term or short term rental in old town alexandria or just a small / tiny home primary residece with NO HOA right on King Street, this is your home.Contact with questions, interest, referrals of anyone you think might love it. more photos will be uploaded soon.

@Min Zhang, I did read David Greene's "Long-Distance Real Estate Investing" and am using it as my primary guide.

I recently purchased my own primary home and I have been prospecting to get my own fix and flip deal.

In addition in many jurisdictions the primary unit will become rent controlled.  

You most definitely can go in on a Fourplex with 3.5% down, primary residence, living in one of the units, find out what purchase power you have, and what the rent rolls for the other units will be to determine your cash flow. 

:Hypothetically speaking - let's say someone replaced the countertops in their primary home at the same time they were rehabbing a rental property.

His primary mortgage was sold to a private lender in the early 2000s and he claims he had to give an explanation each time as to why he financed with a private lender with such poor reputation every time his credit was pulled.

In Denver you can't STR unless it is your primary residence.

Converted the upstairs full bath (which was accessible from the hall and primary bedroom) into two full baths, changing this from a 3 bed 1.5 bath to a 3 bed, 2.5 bath.

Purchase price: $112,000 Cash invested: $30,000 Primary residence turned rental