I don’t know how 2 people got 3 homestead exemptions but that seems like something the local taxing authority could catch pretty easy.

I forgot to add that the insurance and tax is included in my mortgage of $2,005.

Best decision I've ever made. 4-6% average annual appreciation rate, stable job growth, population growth, drivable to the Bay Area, close to Lake Tahoe, no state income tax, 4th lowest property taxes in the Nation, much more landlord friendly than CA, land constrained meaning limited supply, etc. 

Have quite a few out of state investors that we've worked with to get them great cash flow and tax savings. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Lower taxes, no POS and lead testing. 

Your equity doesn’t matter in the taxes or decision.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation.