Tangentially, there are a fair amount of former STRs now being sold around town in part because of the regs and also saturation.  

Based on my market knowledge, 350k for a new constructions with close to 3k in rent seems like a fairly solid deal for the area.

They didn't want men gambling away the house in a poker game and leaving the women and children without a place to live.The intent I think for a home to be designated your homestead is that is where you live. 

I see this a lot in the current market, and saw it a fair amount in the down market.  

Mortgage rates are dropping fairly fast so check out the numbers and have a good conversation up front with a Banker first.This can make or break your real estate portfolio just by having a game plan up front.

If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.

In fairness, that could be due to disruption from all of the construction.Our current PM has done a good job maintaining the property, but more and more I find myself having to get involved in day to day issues. 

My wife and I do have a fairly modest lifestyle.

Personally, my philosophy is I am fair but firm.Regarding turnover times. 

I am not a plumber, but I have had my fair share of this, and most of the time, you can hire a plumber to snake & jet the line.