The more passive approach (buy and hold) may be appealing since you can purchase as primary residence with nothing down, lease if you are restationed or deployed, and use property management if you're not able to be fulltime landlord. 

We buy a primary residence and then begin looking at rental properties. 2a.

@Kyle Mitchell, I am curious how your price per door is below target if you are at the price you were hoping for.And, as others mentioned, what was the primary metric you used when raising capital? 

I own my primary residence free and clear and have found a HELOC that seems good. $190 appraisal fee80% LTV Rate is prime no margin5 year draw w interest only payments then balloon payment due (or renegotiation)No other fees I’m hoping to BRRRR multi family properties in St.

Without them having your primary residence, this can be difficult.

Unless this is an attached unit to your primary residence you shouldn't care at all. 

I lean towards you holding on to the primary home, accessing the equity and savings to buy a rental.

Hi everyone,I am a new investor looking to jump right in by getting a 203k loan and rehabbing my first property and future primary residence.

Reconciling that mindset with a borrowers mindset for REI has been an interesting experiment but one that I think laid a good foundation for me.I'm looking to purchase a new primary residence in Colorado Springs this year and turn my current townhouse into a rental.

IMHO, Agree with Peter, don't see how you can get $2k/month and 50k ARV with spending just 2k on repair.Rate assumes this is your primary residence?