Ive certainly purchased properties at serious discounts to the listing price....but it wasnt just random shotgunning of the offers.What I usually start with when trying to see if a lowball offer is appropriate is having a conversation with the listing agent first.

State websites will have it in their revised codes.Look at Sutton, MA (and the county it resides) to see if anything else is on top of this.

Some won't but I would want that so they aren't pulling random #'s out of the air.

Investment Info:Single-family residence wholesale investment.

Investment Info:Single-family residence buy & hold investment. 4 bed / 4 bath, 3500 sq ft

If the property appraises for $500,000, you would only be able to cash out $375,000.Would this still be true as a primary residence or would we be able to find something like 5-10% down on a 30 yr loan?

@Jared Khanhello - I am just going to be very direct.it doesn't make sense to use expensive money to buy a random property thousands of miles away. 

Is it realistic to pass material participation test if the property located far from primary residence, like vacation rental?

You may be able to factor in certain improvements to your personal residence so when you do move out, you can be eligible to depreciate it.

But as a property grows in size your rent/sq ft generally decreases.And right now the profit from that primary residence is tax free!!!