The couple who lived right next door to our development have an old home that they rent out- it's about 1000sf on half an acre. 

Most people living in far north suburbs of DFW are not working downtown. 

I live in California and invest in multiple states, if that matters.

Hey, I was taught pimps and ho's and gang bangers gotta live somewhere too.

The single biggest advantage of selling your homestead is that you can take all the Cap gain tax free if you have lived in the home as your homestead for 2 of the last 5 years. 

We live in Texas, a community property state, and are 50/50 owners.

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

I live in SW Washington.

It's vital to know which state you live, where all your properties are located, your homestead (if you have one), values and type of REI business you have now and what you want to have in 3-5-10 yrs to have the right set up for you. 

Im currently In LA county, but also lived In norther California area.