Don’t ever tell your banker you plan to live there.

Or should I have her pay me under market rent and then if she ever needs money for whatever I can just send her $500 on Venmo here and there.

I put the odds at 97% an investor does very well, 2% that through no fault of Praxis' the housing market and/or the economy enter a tail-spin due to inept political leadership at the highest levels, and 1% that Brian is the biggest fraud ever to fool me. 

They said my rate lock expired, which I don’t think they ever even had a rate lock.

Statistically, I would bet that many of these properties could be at risk from a similar event before the reconstruction could even be completed.What is the new premium on a $5-10-20M insurance policy and how could it ever be recuperated during the life of the policy or length of the average 30 year loan? 

If I ever run low on reserves, I can easily transfer funds from my personal to rental account.

Would you ever want to return to the home? 

Both approaches can work—you just have to decide what feels right based on your timeline and goals.Good luck with the closing, and feel free to reach out if you are ever looking in Indiana! 

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

I tried to work with Digb and they provided some of the worst customer service I ever experience.