Resid or with the larger multi's. 

We'd like to help them and do a deal but I can't think of how it can happen with the way the numbers are....unless there is a solution we don't know about because we are so new to investing.

What am I missing here folks, what am I not factoring in, has anyone else been in this situation, is there a better solution to offset the expense of a mortgage of $1900?  

Would you recommend I buy my first property as my primary residence now to gain the experience of home ownership or look to buy an investment property (out of state most likely)? 

I have been considering an IRRRL on my primary residence to drop the rate on my VA Jumbo loan, but received a flyer in the mail today advertising 100% LTV cash out (appraisal and income verification required) with the same rate I have seen on the IRRRL product.

How about some solutions.#1 Diversify.  

I have one home that I currently reside in.

I have started renovations (minimal needed, basically paint) and plan to make the property my primary residence and rent the property at fair market value after my hold period expires (2018).

My name is Carol Roberts and I reside in Central Florida.  

Everyone will want a piece of your pie and because it's a "new" industry, there are all kinds of "solutions" that a lot of people will "save you money" or "make you more money".