I was approved for the low 500's but I would like to stay below that to maintain cashflow.( townhouse or small SFR) I really need a home becuse I've been in my same tiny 1 bed apt for 7 years but now I need a house for my fam.I own two SFRs in Atlanta. 

New washer dryer in the laundry room and some general repairs; we spent maybe 6k on all that.It is easy to over improve and how much you do depends on your plan, what you bought, how it was maintained, and what it will take to get to market rent.

This way it would be the Land Trust conducting the business of the property while still maintaining the liability protection you desire. 

If the property has more than 5 families it is an apartment and would require a business policy, not a DP3.Home insurance is generally less expensive than landlord insurance because it is assumed that an owner living in a house will maintain it better than one that is rented to others. 

., you are able to have the same diversity that people chase in stock portfolios, while maintaining relatively low risk if you are careful in which investments you make.

@Marcos Paulo Cerra That sounds like a great plan and start for investing, especially if you can live in one unit and all contribute to any work that needs to be done to maintain everything and keep growing.

I was a little surprised being unaware of my responsibilities to maintain that information with them.

Moving forward we are paying off debt and trying to maintain a 10%+ liquidity.We can't predict a recession however, we can control what we have.

Basically the small multis are old poorly maintained buildings in low rent neighborhoods surrounded by other old crappy buildings.

And it seems like one more thing to have to maintain later.