I’m from Cameron NY as the location thing wouldn’t allow me to put my town I live in for some reason.

I am still developing a strategy but I would like to rent out a place that me and my family would feel comfortable living in ourselves.For work, I am an AI analyst for the Army Corps of Engineers.

Hey BP,I'm thinking about purchasing this deal as a live-in FLIP.

If I take tenants out would my commercial insurance and flood insurance go down since I will be living in the 2 bedroom upstairs.

I told her the amount and he is an older man who lives off her social security check.

Single-Family Home with a Basement:Pros:Familiar single-family living with potential rental income.Can be a good starter home, quieter living if the basement is well-soundproofed.Potentially lower initial investment compared to a duplex (depending on renovations).Cons:Finding tenants might take longer, especially if the basement isn't a fully formed apartment.You'll be responsible for all maintenance and repairs for both units.Less separation between your living space and the rental unit.Multifamily Duplex:Pros:Clear separation between your living space and the rental unit.Potentially higher rental income with a full, separate unit.Faster tenant search as it's a more traditional rental format.Cons:Might be slightly more expensive upfront than a single-family home with a converted basement.Potential for noise complaints if the duplex isn't well-built.Dealing with potentially two sets of tenants (though vacancy rates are typically lower with duplexes).So, which one to buy first?

very interested topic, I live outside Philly, arv sounds about right. 

More Details. rental property 390k owedworth 490k located in MDpurchasing single family home in Macclenny Florida to live in. 

I am filling out the landlord identity registration form required in NJ, and I am not living in the same county as the property.

Good morning,I’m looking at a 4/2 brick home on an acre Lot in AL and I live in FL.