The idea would be to sell the lots to pay down on the short term mortgage until the house got fixed entirely.

Here is an example of that color on a house I have going on the market next week in New Orleans.

Hi All,I am a dormant RE investor with a few rental houses in Houston area and trying to get more active and scale up.

I don’t want to do business with this guy at all, very unprofessional and I want him out my house!

I have two clients that have used it to start house hacking in Chicago.

If the pricewould have been $20k less I would have been good with just a VA loan.So depending if you're looking at a larger more expensive house, I wouldn't refi the 1st one as I'm sure your interest rate is pretty low, plus adding closing cost would add more $ being refinanced.

He has also invested like this with us on a couple of high-producing STR beach houses (that net each of us around 70K per house each year).

This house only needed a full paint job, hot water heater and new flooring.

I recently found a duplex in puerto rico that I can house hack but I'm just worried about the economic situation in puerto rico. the house is in a small town of Coamo not the metro area. should I take this risk of investing in Puerto Rico? 

@Zak House, a home warranty doesn't protect "the home" because it isn't designed to.