The added benefit is the equity you have now created in your personal residence that can avoid capital gains taxes if you live there for at least two years. 

Here are the stats:$119,500 Sales priceComps around $240,000Rental approx $2,000 per month (close-ish to the 1% rule)Flip would likely render about 26% after work (I know not the 30% but close)Turn around would take about 4-8 weeks (think it would be closer to 4 with the right team)Which way would you take this and is this something you would jump on if you had the chance?

The same goes for people creating groups specifically for a certain race, religion, etc.

Like you, I've ruled out several already. 

I love going into details for my spending and easily creating budgets and comparisons to other months and years.

One of the biggest hurdles when OOS investing is creating a trustworthy team.

The numbers seemed to work (meets the 1% rule which seems to be unusual for new construction) and we visited Ocala several times to do on the ground due diligence.  

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

There's no black and white rule of thumb but if you're on the GP side, no matter the split, I'd say it's fair to claim it in your portfolio.

As we say, "opportunities are not found, they are created".DM me if you have questions.