Investment Info:

Single-family residence buy & hold investment.

Purchase price: $376,613

Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settl...

We have gotten all the others in a single group.

I agree with where Nicholas is going, first, if it's feasible I'd recommend house hacking some type of multi family or even a single family that's local to you. 

For most single-state investors, a local LLC is the practical choice. 

On the other hand, sometimes fame and celebrity can get somebody singled out to be harassed when they would not possibly have been at had they not been a high profile individual..

I've done several of these here in Chicago, and currently looking for a single-family house to a live in flip in. 

I have yet to see an underwriting that holds up to my scrutiny that shows that adding a hands off single ADU in single family zoned area that projects a return that justifies the effort and risk.

If you're trying to utilize it without living there, that’s simply not possible.

Quote from @Dylan Webb: Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral for a small loan of $30,000 to put down on a high cash flowing property OR have a lender finance the whole venture at a purchase price of $160,000.

I should have elaborated in how the utilities are handled.Septic is the only private utility, and thus is my responsibility.