Temporary deferral for recognition of realized gain until as late as December 31, 2026 To the extent gain portion of proceeds is reinvested in Qualified Opportunity Fund(QOf) within 180 days of the sale or exchange of any asset, gain is not required to be recognized in year of saleGain deferred is recognized upon the earlier of the date the investment in QOF is sold, or December 31, 20262.

. :)ya we sure hate that gambling for appreciation.. but some folks have to live with it.. good job.

Get very familiar with the eviction process in your market and follow things to the letter and quickly.Make sure to vet tenants thoroughly and pick wisely (and even then it is a gamble). 

It’s currently zoned Rs-3 and is recognized as a SFH.

Might as well rent unless you want to gamble on appreciation.

They also have many if not all of the features that QBO has to offer including bank feeds (will automatically import transactions that hit the bank), Rules (you set a rule and when it recognizes an expense from lets say "Home Depot" it will automatically code it to "Repairs & Maintenance", and also has Classes to code transactions to the proper building.  

You a gambling man?

IF you have the funds to purchase a place in LA, then you can begin looking at options around you, You also have to recognize that if you purchase a place and inherit the tenants, all the downsides that come with rent control, the eviction process and of course the time and stress that can be associated with it.

Banking on appreciation is gambling.

If you are using your own homeowner's insurance premium as a baseline, then you first need to recognize that a homeowner's insurance policy and a non-owner occupied investment property policy are not the same .