An activity is a rental activity if tangible property (real or personal) is used by customers or held for use by customers, and the gross income (or expected gross income) from the activity represents amounts paid (or to be paid) mainly for the use of the property.

Suited homes are about $450+K looking at some PM companies, you'd get about $2K in rent for the main floor and $1.2K for the basement.I also have places in BC.

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That's the main reason why I wouldn't worry if there were no hits in the first two days.

. $219k - now $500k market price in very southern Maine/NH border.

I know one of the main qualifiers is it has to be owner occupied - which is fine.Will there be any issues with this second purchase being in the same town as my first MF home?

Quote from @Evan Polaski: I mainly disagree with number 1.  

Mainly because I am a rookie, but also because I did not know these questions to ask when starting out. 

Hey Zach my main goal is to find a partner to work with.

I do have my litigation attorney on our main priority of partial summary judgment for the lien.