Your PM figure is low unless you have someone in the 5-6% range like you are showing. not a ton of cashflow, but not bad if you are gona live there.   

Hey Jeremy,I grew up in Durham, live in Colorado and own a SFR in Natrona Heights.

That being said, I was considering building a low cost franchise opportunity to people who struggle, like single mom's and the elderly who live on fixed incomes, allowing them to rent an apartment from me and the could rent the rooms out themselves.With the right team I see a win win, but I wanted some feedback.

Live in it for 2-5 years while you fix it up & improve it. 

We have made a good living buying and renting turnkey properties in our company.

Hey everybody,Does anyone have any experience using VA "Loans for Alteration and Repair" to buy a house to live in?

Plenty of people have friends/family that would like to live closer to them.

Hello all,I have been active on the wholesale side of things lately, but have not had a mortgage since 2013 when I exited my first live in flip.  

Hello Everyone,I'm a relatively new member living in Los Angeles and investing in my hometown of Amherst, NY (suburb of Buffalo).  

I did a couple long term live-in "flips", but nothing at a quick pace (hence first "serious" deal).