If so, have you ever done a buy and hold partnership deal that includes one partner invests and the other lives in as principal residence for 2+years during renovation and manages property until sale? 

Investment Info:Single-family residence buy & hold investment.

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Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

Nobody cares about your plans Good luck  

I have systems that I like for everything else, so I don't care about applications, leases, background checks, etc.

But for mom-and-pop set ups -- one or two properties -- the time investment just doesn't seem worth it when you're working full-time and taking care of kids and trying to enjoy the life that REI supposedly allows you to enjoy.

Section 8 tenants do not expect those upgrades and will not care for those upgrades. 

The intent is you reside in the property at least a year.

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