For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.

You need a place to live.

Literally to save their lives.

Where are you living at this point?

Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

I live and invest here rentals, flips and STR's.

Hey @Spencer Cuello, so you will find most of us aren't fans of arbitrage.I see you listed NYC so you know that you can't do a STR in the city unless you live there.IE: You need to be onsite, living in the same unit you are going to rent.As per usual...

We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.

FHA loans require living in the home as your primary residence for 1 year after purchase.

I plan to move down to Miami to be closer to more investors and a better quality of living.