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

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

The smaller builds were harder to come by, too many overlays were put in place and the residents of East Nashville HATE us developers/flippers more than any other location in Nashville.

Prior Theories: It could be turned commercial (no)A residence could be built there (no)They bought it to sell to me at a profit because I am the only one who cares about this.

Would that appreciate slower than single-family residences?

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.

I'm an out of state investor, therefore when I speak to some local credit union they request I reside in the area to obtain membership. 

The recalibration of reserve studies to account for these increases is inevitable, and unfortunately, this will likely lead to higher dues or special assessments, which can hit both residents on fixed incomes and investors hard.

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?

Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.