When I'm investing in trust deeds - my primary concern is the safety of the principal.

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. 

.• Primary residence: A 2-bed, 2.5-bath townhouse purchased in 2020 with a 2.75% interest rate.

This is where we will go back to your primary goal (Owning a cool property that you use sometimes vs. a pure investment property). 

MiThank you, I believe virtually all markets are over valued, but over the long term many (including my primary market) will have appreciation in excess of CPI. 

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.

They must be claiming it to be a primary.

But you could use the 1031 to buy the rental portion of the building and move in to another unit as your primary.

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. 

I'd ask title if I can just amend the OA of the primary LLC to be member-managed.