That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your target markets and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your journey!

For an investment, I would say to stay clear.

Being able to adapt to be able to communicate with people of all different backgrounds, ages and personalities is critical. 

Or did you mean refi into owner occ conventional and minimize/eliminate MI and then stay there a little longer then move out?

Since the water bill is attached to the property, I think it would stay with the property regardless of who it is billed to (assuming you even can change that).

Some investors disregard these rules and buy and sell using market conditions.To be more specific as to your thread, Duplexes and even Triplexes don't generally genereate enough cash flow and I'd stay away from them.

I am not looking to become a flipper to say, just looking to learn more about it so i can better judge the properties i see needing a lot of work on the market that i typically stay away on making offers on. 

SFRs have a few advantages though.... more family friendly, tenants tend to stay longer (at least in my experience), and better exit strategy (easier to sell, generally).

I had a lender tell me that, as long as we stayed in each residence for at least 12 months, we could keep going forward until we had 20 houses.  

Factoring in the mortgage, I came out at $90.68 (526.27 Net Operating Income - $435.59 mortgage) as my monthly cash flow.So here are my questions:Am I correct in thinking that I can finance $100,000 to cover my cash in, and use the difference between the appraised value and the financed amount ($41,000) as the minimum 20% equity to stay in the property that is needed by the bank?