Lenders will want a letter from your employer that states you are allowed to work remote from where you currently live and that this move will not affect your income. 

I would love to hear any suggestions about where I should look to live in the area. 

I live in the greater Maryland  area.

I live in California.I also wanted to know if there was anything you wish you had known before setting up an LLC/IRA and why you chose to set one up and has having one met your expectations?

I also live in NY and have invested long distance without scouting the area. 

I truly believe she had a medical condition and shouldn't even live in my house, should probably live in elderly housing or the like.

Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said. 

@Nick Henry this also comes down to how much time you have available and how much effort you are able to put into purchasing a home or building and doing renovations and then finding quality residents to live and take care of your asset.

Is the basement legally considered living space?

I'd recommend house-hacking a duplex or triplex if possible to help limit your living expenses.