I’ve put a bit of money into the building and it has appreciated quite well.

It’s important to confirm that your lender is aware of your plans and that it won't affect your ability to secure favorable terms.If you are planning on using hard money to finance the deal, please keep in mind that most hard money lenders out there have a hard stance against owner-occupancy.

@Keaton WrightGiving quality and sometimes very detailed answers in the forum takes us quite a bit of time (and therefore money) for which we're not remunerated.

Insurance fraud has doubled in the past ten years.Insurance companies are in the business of making money.

Most likely if you rent it, it will not cash flow to cover the mortgage so you could still be losing money every month.IT would be good to compare what options is better for you. 

Hey @Joshua Nudell - What helps our rankings is the actual "Podcast Review" of the entire show on iTunes, not necessarily the individual episodes.

For the money, ~$150/month, we have not seen a better system.

I will say though with this last renewal period some insurers are actually starting to lower their premiums… a little, after the Florida legislature made policy changes that favored the insurance companies… so that is at least a small step forward.  

You make money when you buy

If tenant B (wink wink) isn't living there you don't have to worry about the overlapping money.