Quote from @Isadore Nelson: I recently acquired a property with an existing tenant who has been living there for about four years.

That’s the reality of our lives these days.

I live in Harlem but work downtown so if I have to go to the building it is not too bad after work.

We are planning to purchase a home and convert it into a community living space for people in recovery.

The property would be in Florida as that is where I live. 

And this is coming from someone who sponsors private deals for a living!

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.

Quote from @Keyshawn Johnson: Hi BiggerPockets Community,I’m currently living in Italy but will be moving to Florida soon, specifically to the Destin area.