You will also want to network with someone thats an expert that can help you through that so you don't end up losing money, or not being able to refinance.If you do want to take advantage of the percs of putting low money down and doing a primary, you'll definitely want the advice of an experienced lender that can tell you your options if you might move in a short period of time so you don't get flagged for mortgage fraud. 

It was installed there before there was main sewer system, disconnected and maybe few years ago when the seller added a full bath in the basement, maybe by mistake the plumber did the repipe connected it to a pipe which lead to a a tank and not the main sewer. 

Hi Pedro, with that much liquidity, I would look at buying a short term rental or rent out your current house and buy another.

Hello and Welcome @Mike Clary I have a short term rental spreadsheet if you'd like a copy of it.

It's a calculated risk that could lead to substantial gains but requires careful planning and risk management.

So here is the Stone County regs on STR - Section 25, Short-Term Rentals.A.

If you haven't already, a professional eviction service might offer additional strategies for dealing with difficult tenants and can coordinate with law enforcement to ensure safe access for inspection.Hiring private security for a short period post-eviction can help ensure safety.

That leads to going back and forth on whether it's worth it given the upfront investment and the data we're finding on occupancy rates, cash flow, etc. vary from losing $5K/year to making over $10K/year.

This may lead to many missed investing opportunities.2.

For anyone who cares about STRs in Colorado, I just learned that Boulder County earlier this month passed new short-term rental regulations.