I purchased my primary residence about a year ago here on the central coast and I have been casually interested in real estate investment for several years.

The longer they sat empty, the higher the likelihood of vandalism and squatters taking up residence.

I offered 3 bedroom 2 bathroom residences with yards for less than the cost of a 1-bedroom apartment.

Here is why:The state of Texas is growing rapidly due to the migration of new residents seeking jobs, and the reproduction rate of current residents.

Primary residence, 2 years occupancy to be exempt from income/cap gain taxes.Primary residence can not be part of a 1031 exchange, on either side.A rehab, as opposed to rental property held for more than 1 year, is NOT eligible for a 1031.

Your own residence will qualify for the home sale exclusion.

I am a property manager around the Seattle area and one of the single family residences has been a duplex for some time.

Bad dogs, too many residents, disturbances with the neighbors, whatever.

., resident on the site.Raymond

So I guess that makes it a place that a 23 year-old wants to move away from...Trying to convince my 17 year-old son, albeit tounge-in-cheek, to go to Northern Arizona so that I have to move to Sedona to get him resident status!