If you have had positive experiences with insurance providers in the area or know someone who provides excellent coverage tailored for vacation rentals, I would be grateful for your recommendations.Additionally, during the property inspection, we found a few minor repairs that need some attention before we officially welcome guests.

Additionally, I’ve secured seller financing for half of the purchase price, but I’ve been told this could complicate things further since banks typically prefer being in the first lien position.

Living for very cheap/free takes time.I'm at the point where if I rent out my main house, it will cash flow positive.

I have investment properties with some equity that are cash flow positive, allowing me to live off of my rental income.   

The CO 1st position mortgage was fully paid off and in 11/2021 I opened a $200K HELOC, Borrow Terms are 5yr draw/15yr payoff at 3.99%.  

I was in a similar position without the rezone, I can put a third unit on my duplexes property, but after running buildout numbers it makes far more sense to use that capital towards just buying another duplex.

Your numbers may not seem to make sense from a cashflow position, but you will be getting into a multifamily property with very little cash (comparatively) and lowering your mortgage expenses compared to not house hacking.

There will be equity(but not a lot), and cashflow, when the ADU is finished, but there doesn't seem to be any construction loan options that take 2nd position.

I’m currently based in Denver, CO, but I’ll be relocating to Raleigh, NC in July 2025 to start working full-time as a disposition agent for New Western.Since I have some time before my move, I want to get a head start on building my business and positioning myself for success in Raleigh.

I'm in a similar position as William.