Check with your insurance company first - they might have an opinion on what you are planning on doing

@Aaron Bihl that’s an interesting strategy to turn your primary into an Airbnb but I like it!

I do not currently own any homes, but I am trying to come up with a strategy to invest,  and set some goals.

Just curious to know if anyone has taken Ray Kroc's Real Estate strategy and did it themselves?

Property tax around 200/month and Insurance 130/month.Based on a Heloc at 182,000 when all is done my plan would be to do a cash out refi to pay this down/off and use remaining cash flow + W2 income to pay the rest off.

I have had good luck with Zillow, also there are insurance companies that love mid term for homes that have moved owners out for insurance claims.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Instead, it's about identifying the ROI that aligns with your investment strategy and risk tolerance.

Get five deals in any one exit strategy before branching out into others.

I have properties in Los Angeles County insured with State Farm.