I'm financing it as a second home (since I'll occupy some of the time and rent out when I'm not there), through a conventional mortgage.

I am looking to purchase a single family home which has 2 bedrooms, kitchen, living area, bathroom on main floor.

The home is located 7 minutes away from a 1 Trauma Center Hospital.

When you move into the home as a primary you are now able to take out a higher LTV for cash out 80% or 90% Heloc versus Investment.Fix up the other smaller side move out and go up in the rent and use some of the cash out funds as a down payment to buy another property.

It wasn't the values dipping that killed everyone (see graph on median home sales prices from the FED). 

Consider long-term goals, market trends, improvements, tax benefits, and flexibility.

I am helping my mom out with her Portland, Oregon rental home.

Selling I save 30k on the Reno budget resting in a 107k sale.What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?

I would live in the main home for a few years and looking for folks that would be willing to provide me with some advice. 

@Christopher Sparacino I bought a home in Venice in 2021 after my husband passed away from Covid.