On that scale we have a range of properties in our portfolio, even though I have started to trade out properties from the lower end back in 2014/2015, and some cashflow a little better - however, when you look at the total financial picture there is a lot more than cash flow: obviously appreciation, but also principal pay down, turn over rate and soft factors like tenant quality and with that turnover cost.RE's primary superpower is equity, cash flow is secondary.

You can take yourself out or severely set yourself back if things go awry.I've bounced around the investment mortgage industry for 5 years. 

They are responsible for AML/KYC check to make sure its not money from some mexican drug lord etc. but if you put in more than the 10% net worth outside your primary thats on you. 

One would be when you have a primary home and its listed on MLS (for sale) and the bank gives you the cash out until the home sells and the loan is set up for 12 to 18 months.

The value of the home is not increasing substantially at all - the primary reason for the increase is higher risk is due to storms every year the past several years.

One is a former primary (we refinanced once while still owner-occupied then transferred into an LLC when we moved out and began renting it, but didn’t have any issues with that one for about 5 years after we moved out).

They must be claiming it to be a primary.

After a rough first year where I lost money for 8 months followed by another 4 months of learning how to self manage remotely, I had a great 13th-25th months where we have kept the placed booked, kept it profitable, and largely reinvested into the property.Here is the question though-  to buy the first property, my wife and I used a HELOC on our primary and used that for the downpayment on a new property,  for the furniture, appliances, etc, and all of the other little costs that go into getting going.  

Seems to be what most most turn to who want to buy real estate beyond their primary residence. 

After doing quite well in the CT market space, I’m finally starting to adjust to the Ca market.I think it’s key to be in the know about off market deals, for both your primary and investment.