Hey Zach, lots of reasons: 1) Local Expertise: For instance, My primary states are Hawaii and Washington.

My primary business is owning a wealth management company, and is where I enjoy spending my time.

Stock market is traditionally much more volatile.

All depends on the interest rate on the primary home and if fixed.

The other route you can look into is purchase+rehab loans if it's going to be a primary, if it's an investment then using hard money, bridge loan, or DSCR.

Curious to hear others thoughts: Do you believe experience is the primary factor, or are there other qualities that matter more?

If you use the Heloc option and decide to rent it out, don't forget that property (or you) will have to cover both your primary and secondary position notes.I don't personally see Marin being a great mid term market.

Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.

I recently acquired my first primary residence and am seeing ways I can best utilize the space for real estate investing.

I agree that DealCheck (or the BP calculator) does not provide enough tools or functionality to analyze those types of transactions (yet).But I would argue that it does a great job at analyzing more traditional buy & hold SFRs and multi-families, as well as flips and rehab projects.