You can get into a home for little or even nothing down, perhaps add some value by renovation, then hop to a new primary residence in a year with little or nothing down, and repeat.

Investment Info:Single-family residence buy & hold investment.

It would be a primary residence.

Investment Info:Single-family residence buy & hold investment.

. - $18M Business Sales of Veterinarians who sold multiple practices in Virginia and Indiana.Another example, was for a couple who sold their primary residence for $26M in Newport Beach defer $6M in capital gains tax.

@Jonathan Greene I'm not sure what you mean by "most will not cash flow as an out-of-country investor" as it might suggest that the cash-flow of a given property has something to do with the nationality or residence of the owner but, in any case, you're absolutely correct that, historically, the net rental yields of LTRs in US cash-flow markets like the Mid-West have been typically higher than in the average European market, although that wouldn't be the case for many other US markets like California or New York.

Quote from @Erwin McClain: I had rental properties out of state but I have been renting rooms in my primary residence for over 10 years since my 2 boys have moved out.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Investment Info:Single-family residence fix & flip investment.

The networking and local market insights are invaluable.For retirement planning, focus on building steady cash flow and consider setting aside a healthy maintenance fund (I usually recommend 6 months of expenses) to protect against any surprises.If you're looking to expand your portfolio, Columbus is a great market where we still see positive cash flowing deals with lots of appreciation potential.