I learned the hard way that things can go wrong quickly, and if you don't have cash in place, you might be forced to sell at a discount.

You might get a decent discount for adding the policy to your overall stack.I would also look at adding an umbrella policy to cover the whole shebang.

IF anyone has the link for that training and the discount code, let me know please.   

The key here is buying at a discount.

If your goal is to move closer to family and you’re getting the house at a discount, it’s a strong personal and financial move.Advice Based on Your GoalsGiven your long-term goals of being debt-free while building a rental portfolio, it might make sense to hold onto the Stockton property.

You will get a more accurate idea of what your actual interest rate is without paying any discount points.

Whether its LTR or STR - if you buy at a discount of around 70 to 75% LTV, you should do ok. 

For example, one of our tenants gets discounted rent from April-October for managing the landscaping. 

If it’s possible to get enough of the renovation done quickly then I’d move in some tenants even at a discount to provide protection from the squatter.

In addition to joining the seller to the buyer at the hip for several years/decades when the seller wants a clean break, the properly-discounted, risk-weighted, money to be received by the seller is less than the immediate sale price.