And this gets me back to the 2nd paragraph, the goal is simply to have the cash value grow and eliminate the insurance company's risk.

Am I responsible for eliminating mold inside a wall that separates my unit from my neighbor?

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I like it but when I go to sell I will have eliminated an entire demographic (like most baby boomers) from considering my home.6.

Using the conventional product first does a couple of things for us:We won't have to refi out of the FHA loan to eliminate PMIOnce we reach 20 percent equity PMI will go awayWe still have our FHA loans available to useIf you’re single, or just don’t have another person to leapfrog with, or one person alone doesn’t qualify, you could purchase the first property with the 5 percent down “home possible” conventional loan, and then purchase the second property with you FHA loan.Game Planning for multiple house hacks can get a little tricky.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

understand your legal rights then you can make your case based on knowledge which will eliminate the need for his unqualified opinion

Also, remember to eliminate emotion from the decision. 

This obviously eliminates the need to be physically in the US and can take a lot of the "busy work" off your plate when looking for a passive investment opportunity.

To eliminate the PMI, you'd likely need the home to appraise for close to $290,000, if you finance the closing costs.