Carrying and paying off debt are not simply mathematical actions.

If they are on the paperwork simply to satisfy the owner occupant requirement, but they are not an owner, that could be seen as fraud too.

I don’t expect to file insurance claim and it's probably an act of God clause or whatever it’s called these days. 

I don’t expect to file insurance claim and it's probably an act of God clause or whatever it’s called these days. 

Once you start running the math on flippers and capital gain, it's amazing on how many more you'd have to do successful in that 10 years versus simply amassing a portfolio of rentals that pay you to live.As others have stated, I would certainly buy several properties to take the stress off any one investment, but since you have that amount of cash also wouldn't focus too much on only 20% down. 

God Bless!

At the end of each year I would simply keep the property and buy a new one as primary residence.As for the area, I really cannot live in anywhere cold, so somewhere in sunbelt or near sunbelt would be nice.

Go to simply observe several auctions. 

China's real estate market is down for the first time in god-knows how long.

Looking at a duplex where the current owner pays utilities simply because there is no si meter for water or electric.If I were to try and sub meter it, how much would that cost?