My goal is to purchase a small multi-family (duplex/triplex) or single family home that can be converted into separate living units within 9 months of my work contract ending.

I am hoping this will increase my holdings and reach my financial goals in a shorter time period than residential.

Appreciate your  goals.

if you insurance business is being reported on Schedule C (not in a S-Corp or LLC) this will not however reduce the self-employment taxes you have to pay on the insurance income.A Cost seg is really a play on the time value of money, depending on your goals with the property it may or may not make sense. 

If I invest the 170k with a 30% cash on cash return, I'd reach my FI goal.

My goals are to start in the greater phoenix area, preferably a duplex or triplex .  

My goals are to start in the greater Orlando area, preferably a duplex or triplex .

So it usually seems IMPOSSIBLE to find the time, energy or money to pursue it further, but we have both decided to dedicate ourselves towards the long-term goal of transitioning into successful, full-time investors.

Lets set up a time to talk about your goals and how you can achieve them.

In addition to what was said, let me add: Make a plan with data and dates, set realistic goals.