Yes it basically just means that you would refinance it as a "second home" and sure it gets rented out occasionally but you don't "need" to have it rented.If your W2 works for this, its fine, the other math and forumlas really start to become a factor when it is house/mortgage #X rather than your second one, or if you could not quite cover it with your w2s.

I also wholesale occasionally, which is how I got started in this business. 

It's worth losing a deal occasionally to set a precedent.

If it's something that should be done right, it's always worth it to dish out the cash to the professional.

Yes, occasionally you can buy a stock at the right time that skyrockets but good luck doing that year after year.  

My kids play it, occasionally.

Our recent experience with Hudson and Marshall is they are now selling mostly HUD CWCOT’s with occasional Fannie Mae and Freddie Mac’s, Wells Fargo, Chase, and Bank of America.

@Lisa Irimata I have a few STRs in Florida and occasionally I use mashvisor to check on my own property and the data is about 90% accurate.You way want to use one of those services to have an idea on occupancy rates and ideal strategies.

A lot of these new single family investors don't realize how much cap/ex and the occasional tenant non-payment cost them and are really buying $0 net cashflow deals even though on paper it might look good in real life there are a lot of expenses.

If you cleaned the place yourself, you too, would miss things occasionally.