For the past few years, there has been consistent and rapid growth in the Jacksonville area.When it comes to Class B, C, and D neighborhoods, it's important to note that classifications can vary, and it's not always solely based on zip codes.

So, instead of focusing solely on the property, focus on who pays the rent.

Sure, in theory, the strategy this investor used might sound clever, but it’s also incredibly risky to rely solely on the compliance of a borrower—especially when they might not fully understand the terms or simply can't agree due to their personal situation.I have tons of ideas that might look good on paper, but I don’t pursue them because I assess the real risks involved.

Here a better (I think) idea and what I would do if I were in your shoes.

I’ve been in similar shoes, starting out small and gradually building up to handling larger projects.

Last year we passed on purchasing a duplex in Sarasota despite the great price, solely because of natural disasters & insurance risk.

Meanwhile they aren't even properly prepared because  their focus is solely on forming Wyoming LLC's  but lacked the appropriate types of insurance, operate with unlicensed and uninsured vendors, never sign contracts etc.

Thanks @Jonathan Klemm, it's been a few weeks and as sole proprietor/GC, haven't been able to get an account with MSI yet though the intake rep said it would be possible w/o a business.

On the other hand, if you sell the Stockton home now, you’ll be mortgage-free sooner on the Sacramento property and can start saving or reinvesting more aggressively.If I were in your shoes (and as someone who’s seen the ups and downs of California real estate for over two decades), I’d lean towards keeping the Stockton property.

Now, here is the catch: 1) You have to have to be self-employed, maybe an LLC or S-Corp, or just sole prop, but you have to have earned income in that business.