Both strategies are great and have their pros and consOne of the biggest wealth building tools in real estate is the ability to purchase a property as a primary residence and put less then 20% down.

Your  property taxes will be higher since it won't be your primary residence and your INSURANCE will be much higher too, since your policy would be a dwelling policy and not home owner policy.

My accountant's office called me the other day and let me know that I could amend my 2022 tax return and claim losses due to Hurricane Ian to a primary residence property and a investment property. 

There’s also the possibility that owner-occupants are purchasing these properties as primary residences, meaning they don’t need to worry about flipping profit margins.If you're consistently getting outbid, it may be time to adjust your approach.

Then my current primary home will be rented out to balance the cash flow of this purchase for the next year or so.

Hello All,
I am moving out of state and currently own 2 Bed 2 Bath condo that i have lived in for 4 years as of this month.
Numbers 
Bought it for  
              $248K in Dec 2020 with $13K down (5%)         
  ...

You are free to build whatever you want, sell the house once is finished, and the lien-holder (original seller) is paid off through title when the new house sel The seller is wanting us to build him a new primary residence.

However, as I built my own portfolio, I realized that my primary reason for investing was cash flow protection rather than equity protection.

Do you own your primary residence?

Stephenson,I understand your premise, and although the situation is ripe for abuse I can understand the value of a quick sale.