I just completed an exchange of a single family residence in Scottsdale to a single family residence in Durango, Colorado. 

When I return to the country after my Au Pair contract ends, I hope to live in the property as my primary residence and house-hack as well.I understand that investing remotely makes things more challenging, but I am also ready to be uncomfortable and challenge myself in this journey as I know it is 100% possible.

@Bobby Short Depending on the equity you have on your primary residence you might be able to find a lender to finance the property in CR with your primary residence as collateral.

Multifamily is not as volatile as single family because when the real estate markets experience any type of correction, people flee to multifamily residences.

@Leeling ChewAbsolutely, you should background check every adult (18 or older) who will reside in the property.

Investment Info:Single-family residence fix & flip investment.

I am days/weeks away from trying it at my personal residence.  3500 sqft but only two people using it, so not sure how good of a test it will be. 

Quote from @Charles Perkins: Quote from @Natalie Kolodij: Quote from @Charles Perkins: I have an attached ADU unit in my personal residence as well as a business office/ business storage area in my home. 

Maybe consider getting a p.m. company that would do some boots on the ground and some research for you to find out what some of these issues could be because you are not close to the residence in the location, unless you can do some research yourself online, or consult with the historical Society of the area, look things up at the library, there are lots of different ways that you could start this process, but my point being that you may end up losing more money in the long run.

Who pays when the resident breaks the agreement and quits paying?