Even if my cash flow is negative while I live there, I will still be enjoying all the long-term benefits of owning real estate and my living costs will be cheaper than renting if I choose the right deal/property.I appreciate the insight!

It really comes down to running the numbers and seeing which option offers the best balance of costs, monthly payment, and future flexibility.In short, a DSCR loan might work, but it may not be the cheapest or most suitable option if a second-position loan or HELOC can accomplish the same equity pull with fewer costs or better long-term benefits.

Additionally, Gilbert and Chandler have emerged as strong markets for short-term rentals, benefiting from a combination of year-round tourism, a family-friendly atmosphere, and proximity to major attractions.

I looked at numerous live-in flip opportunities.

Our investors benefit from immediate equity creation, and long term predictable cash flow, overall a great investment for us!

However, the benefits of this type of transaction can still be safely realized with proper structuring and a good amount of equity injection.  

Despite all your efforts to buy them goodwill, they will give you the middle finger when it benefits them.

It will familiarize you with the basic terminology and benefits.

Also, the tax benefits of the buy and holds help offset the increased tax consequences of fix and flips.

It has almost zero benefit to have it to just represent yourself.