In 2016, we returned to KC and purchased our primary home in Liberty using a Doctor’s loan.In 2020, we developed a strong interest in real estate investing.

My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a live-in flip on my primary residence.

Purchase price: $350,000 Cash invested: $10,000 Sale price: $435,000 Primary residence converted to a rental after 2 years.

Without predictability on insurability and risk of the primary collateral being destroyed (which at this point theoretically could happen anywhere) as it’s January, and would you believe in 2023 that 71K thousand square miles of northern Canada burned 5% of the entire Canadian forest with billions in damages? 

Background: was primary residence for 10 years .

Real eatate is his primary focus.

I have a rental down the street that was my primary for a few years, so I am not just someone looking for a quick deal.

But I also do believe you begin there you must be willing to pay more than the competitors to be able to thrive there as a primary investor. 

Your primary strategy should be to have the Contractor and all Subcontractors add you to their insurance policy as Additional Insured. 

It's usually someone with a high W2 income buying a primary then doing Mid-Term or Short-Term Rentals with an ADU.