Correct, the idea would be to owner-occupy one of the units (I’m looking at 2-4 unit options).

Asking in the correct forum will get a better response.Read the RULES!

@Curt Smith @Jay Hinrichs are both correct.

I also had a state corrections officer that was similar.

First, most investors and owners of real estate related businesses are in one or more of the following situations1- they’re unable to duplicate their expertise that drives the ROI and they are at their personal max capacity as to time2- they’re obtaining high ROI by use of excessive leverage 3 - they’re obtaining high ROI by taking excessive risk4- they hit correct timing in the correct market, and this is not necessarily repeatable with any probabilityIn order for an investment or business to scale, we need the ROI (on a risk adjusted basis) to be sufficient to cover a PREMIUM risk adjusted return to passive investors; all expenses of managing the assets and the business, and a significant return to the “sponsor” providing compensation to him making the work, risk and time worth while. 

Yes the charges were in fact correct and it was communicated that my budget was $15k.

Verify and double verify with the applicant that the information they have provided is correct and that all income is verified and all adults will have a background check. 

So after 5 months you:a. taken a LOC of $10k but repaid it with $8k of cash and $2k of the invested money.SO AT THAT STAGE: You are $8,000 out of pocket - Correct?

But I assure you it's correct. 

(example - STR on the back end to increase cash flow)To me, forced apperception (BRRRR or buying at a discount) is a hedge against market corrections.