I have regular job that pays well enough to take care of all basic needs, pleasures and vices. 

I plan on living in the home and renting out the apartment or vice versa.I have already started work on the home.

"These markets experience a seasonal slowdown yet still offer, “relatively high Effective Gross Yield (EGY) potential for investors, giving them an opportunity to "buy low and rent high,” notes Alex Villacorta, Executive Vice President of Analytics at HouseCanary who led the team that compiled the report.House Canary’s Investor Opportunity Rankings show the following EGY for those five markets; Cleveland: 13.0%, Detroit:10.8%, Columbus:10.9%, Indianapolis: 12.1% and Pittsburgh:12.3%"https://www.forbes.com/sites/ellenparis/2017/12/26/2018s-hot-rental-property-markets-in-cold-climates-for-investment-consideration-in-q1/#1956721b5811

As long as you screened properly, you should have a level headed tenant who will work with you and vice versa.

Some HML's I know keep the points charged for themselves and then give the loan spread to the investors or vice versa.I do not have experience in the loan arena much.

Not being dependant on them for this is big and trust me, they know when they got you in a vice and will take advantage of it almost everytime.By building your own team you again are taking control of your projects.

@Samantha Vice Looks complicated..

Assemblymember Chiu (Chair)Assemblymember Steinorth (Vice Chair)Assemblymember BontaAssemblymember ChauAssemblymember ChoiAssemblymember GloriaAssemblymember WoodUse sample letter below, OK to cut and paste.VOTE NO on AB 1506As a property owner and landlord I can see the problems California faces with the housing shortage and high rents.I can also assure you rent control is not the answer to our housing shortage or high rents.If the Costa Hawkins Act is repealed it will have a chilling effect on development and new multi-unit construction will come to a screeching halt, thus leaving the state in an even more precarious situation.The repeal will not create a single new unit and is not an affordable mechanism.It is not a solution to the problems the State is facing.There are more people than available units and we need more housing, not less.

Assemblymember Chiu (Chair)Assemblymember Steinorth (Vice Chair)Assemblymember BontaAssemblymember ChauAssemblymember ChoiAssemblymember GloriaAssemblymember WoodUse sample letter below, OK to cut and paste.VOTE NO on AB 1506As a property owner and landlord I can see the problems California faces with the housing shortage and high rents.I can also assure you rent control is not the answer to our housing shortage or high rents.If the Costa Hawkins Act is repealed it will have a chilling effect on development and new multi-unit construction will come to a screeching halt, thus leaving the state in an even more precarious situation.The repeal will not create a single new unit and is not an affordable mechanism.It is not a solution to the problems the State is facing.There are more people than available units and we need more housing, not less.

I don't know how else to sum this up but was blown away when I just saw this 10 minute Vice - report on how Detroit is a heaven for investors buying off owner-occupied homes who fail to pay city-county taxes.