As for long distance investing... sure, you can rent a primary where you live and work and invest long distance, and most people on BP are going to tell you it's possible, which of course it is. 

Good afternoon everyone, I am a new real estate investor in the Milledgeville, Ga area with one single family residence in my portfolio while also owning my separate primary residence.

@Corey Dussault, based on your post, it seems like you're talking about a 2-4 unit which you'll be occupying(since you'll be renting out your current primary). 

Please help me think through what I might be missing and any suggestions of other creative ideas.Purchasing a BRRRR property in price range of $50K-100K with $20-50K of rehab needed. (70K-150K ALL IN)Currently have:- HELOC against Primary for 60K @ 4.125% and another 40K liquid for the investment. = $100K- interest free credit cards for 21 months with 0 interest = $75KMy thought process was to buy with HELOC and cash and rehab with 0% interest credit cards. 

Is it legal to lease rooms in primary residence long term in Colorado Springs? 

I'm planning to use a HELOC on my primary residence to find the downpayment and remodel of a property.

One of the units will be our primary residence until the new house is ready.I’ve started speaking with our realtor and have done my own browsing and it seems like multi unit homes are hard to come by so it will likely be tough to find a good prospect where the numbers make sense, but we’ll be prepared to jump if we find a good fit. 

Ultimately I sold my primary as my rental income would only be about 100$-150$/month and I wanted higher returns.

My priMary focus is on probate deals and Prior to getting a home under contract I would like to have an attorney review the purchase agreement I have.

From sifting through it, it looks like you are asking about the 4-plex as your primary concern, yes?