I also want to build my network here with other likeminded people who see the power in real estate.

There is no mortgage on the property.   

Thus paying less total interest on both properties.

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

In 2000 I sold the businesses and became a “full time” real estate investor.  

@Charlotte WilsonAs long as you continue to occupy the property you purchase with an FHA loan and you're not applying for owner occupant financing on the other property, that shouldn't be a problem.

Hi Andrew,I've found this to be helpful to people I've helped with investment properties.

I signed a little agreement that my LLC would manage the properties and ran all revenue and expenses through the LLC.

Then management of the property.

Capital ExpendituresNo Property management because I manage my own.