Just buying a distressed home, renovating and refinancing it to recoup costs that can be used for future investments, then living in it permanently?  

We plan to keep this property long-term as part of our portfolio and look for additional investing opportunities in the future.

I know that in the future we will have some sort of market downturns and you could lose all that you acquired with properties that target low paid workers.Behavioral issues are a significant concern.

Was looking over the weekend, and was suprised by the spread , but love the future of Austin Hey @Kevin Brewster!

In the distant future, it might become our home, but not in the near future

Lenny,Good for you for thinking about your future and welcome to BP.  

As a land lord you need to be putting away $1 per day to pay for your future roof. 

(to protect my interest if seller is unreachable in the future)3.

In my case I sold off appreciated properties in a location I deemed as having limited future upside, and used the proceeds to eliminate all debt on the better located prime properties I wanted to keep long term.

Best of luck for your future!