General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Purchasing in Yuma, Arizona
I was wondering if it would be a good idea to purchase in Yuma, Arizona. I live in San Diego and I believe I could claim it as a primary residence and put down 3%
Most Popular Reply

Yuma has been very kind to me and my family. We currently own 42 doors, and only have 2 vacancies because they are not in a habitable state.
I will advise that you must occupy a “primary residence” for at least a year in most circumstances, and anything other than occupancy will be considered fraud. If you are a new investor, don’t begin down that path. The temporary benefit will not outweigh the long term consequences.