As long as it is built after June 15, 1976, title-eliminated and on a permanent foundation you should be fine.

Example - I eliminated states that were both above vacancy and unemployment, but kept it on my list of it had I high population?

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

You could eliminate the middle man and just pay off the original mortgage with the re-fi, and save a few thousand dollars in HML fees.

If we reinvested that profit into another home back in the USA in less than 2 years, would that eliminate the capital gains?

The tennat can cancel the payment at will.Set your credit score requirements high and you will be able to eliminate all but a few and they can be eliminated by choosing a more qualified applicant.

She should continue paying you $600/month until her entire $100K debt is eliminated.

Before you do this, consider that you may permanently undermine the value of your property by eliminating its living room.

Hi All,I want to first start out by saying thank you to the many of you that I have had the chance to connect with through Bigger Pockets, both over lunch/coffee and here online.With that being said, over the past two years, my wife and I have virtually eliminated all of our "bad" debt and currently saving capital for our first real estate investment purchase.We have truly been committing ourselves to better understanding the in's and out's through our own research and are getting much closer to finally taking action.I am from San Diego, recently moved to Orange County, and I'm sure as many of you know the entry level capital required for investing in CA is quite high due to the cost of living (I could be completely mistaken as I only know the OC & SD market to an extent).

I will be at the 2yr mark in November of this year which would eliminate any taxes on the capital gain I have.