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Updated over 6 years ago on . Most recent reply

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Lee Majors
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Occupancy and rental strategy

Lee Majors
Posted

I see lots of questions about occupancy requirements but none that specifically address my question.

I am interested in building a portfolio of an investment rental properties. To do this, I would like to buy and occupied the first property for a minimum of 12 months. Then, purchase a new property and occupy it for a minimum of 12 months and rent out the former property. I would repeat this process of buying, occupying for the minimum 12 months and then renting until I had the desired number of rental properties. I believe I am fulfilling the legal requirements of occupancy but I thought I would ask to see if I'll run into any issues.

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