There are risks as you are tying up your primary residence in the project.

It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.

Your general contractor must carry general liability insurance.

However, keep in mind that tying your primary home to an investment carries inherent risks, especially if the flip doesn't go as planned.

The biggest win seems to be the fact that investors will be able to buy existing STR's and carry on with the business.

I would ask...Are carrying costs a problem moving forward?

IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out. 

I have a property listed for sale in Goodyear, AZ and it carries a 2.25% interest rate.

And you can't legally dictate how much they carry for personal belongings. 

@Kobe Carr I am in no way an expert but I could definitely schedule some time to walk through them quickly.