As for holding a home and building another one - be sure to include carrying costs of the first home while building the second.  

If you are an out of state investor the team you pick is more important than the market you pick.  

https://www.donotcall.gov/report.htmlThe effective way to stop the calls, include texting STOP to the number.

Our team even includes a realtor who can assist with your investment journey.Feel free to send me a DM if you’d like to connect!

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.

However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

The intrinsic value stays the same, but the value of the dollars used to purchase it are going down, meaning you need more of them to buy it.BiggerPockets does a great job of beating the drum for CashFlow and Appreciation, but what you're missing is two important factors.

However, evaluating your sentiment (and your wife's) on that will be important. 

In order to move back into the home, the homeowner would need to reinstate or payoff the loan, including the costs of the receivership as permitted in the order.