Some entire life insurance policies have actually an included feature that you can withdraw a money value of the policy after a particular quantity of time.Universal Life InsuranceThis kind of life insurance gives you more alternatives than entire life.

Without a doubt, the most effective method to acquire life insurance is through a term life insurance policy. term life insurance policy Some monetary advisors insist that their customers utilize entire life insurance...

The alternative is to not force yourself into househacking and just buy straight investment properties. 

Are there any other alternatives?

Unfortunately I own the house already so what is my alternative or a plan of action that would minimize risk of either prolonged vacancy or renting it out to a person just  for them to default shortly after and not being able to evict especially during a pandemic in a tenant friendly city.

The house is brick and stucco and lead is only on wooden trims- porch column, patio roof siding, soffits, and fascias.Is there an alternative strategy to give this home a face-lift without spending tremendous amount of money on the exterior?

Roofstock is an alternative marketplace to the MLS.

Alternatively, you go to a bank and give the lender an assignment of collateral against the policy's cash value.5.

As an alternative to his strategy, you could do a 1031 exchange into a larger property every 2-5 years to increase your number of units that way.Hope this helps.

A $7k "repair" write off item might work out to alternatively $1k of "depreciation" write off every year for the next 7 years (still $7k...) -- different things have different depreciation schedules.