. #3 Park Circle has matured, but N CHS as a whole is probably still a good area with a long term horizon.

Margins are small, and to me, the real wealth-building in REI comes from the long-term appreciation, not the short-term cash-flow.Anyway, welcome to the forums.

All the contracts, terms and conditions were signed by both parties and the title company even validated the purchase price weeks before closing on the title commitment.  

Question - if I go to the old insurance company or even a different one - the question will be asked  in layman's terms "have you been turned down for insurance and if so was it non payment ,structure, etc"--- at that point I have to say 'yes' and 'roof' right?

We weren't anywhere near the highest, just had better terms I guess.

- Will this strategy impact my long home buying abilities 2-3 years from now when I am looking for my long term residence, and if so how? 

It’s critical you know your docs and are familiar with your terms in those documents.

Love the possibilities this website is able to provide to its users in terms of meeting and sharing ideas/ concepts.

We have had 2 long term rentals. 1 when we were in our early 20’s and got hurt a little during the 2008 down turn and sold it.

Either offering a unit or two as short-term rentals available with a space of horses to stay as well; a horse motel is the idea.