IMO this is much too little additional return to put your personal residence at risk.  

I have had wholesalers call me on my personal residence and tell me it comps at 650k.. when in fact its worth closer to 1.4 mil all day..

An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Tourists, retirees, and seasonal residents provide a steady stream of potential tenants.Lifestyle Perks: Let's not forget the amazing Florida lifestyle!

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about.

It's not about being nit-picky—it’s about ensuring the property is safe for residents.

(C) As used in this Lease, “Premises” means that certain private dwelling residence situated in ________________________________________ County, Minnesota and having an address of ____________________________________________________________________________________.

Investment Info:Single-family residence buy & hold investment.