We did not pull the trigger on any deals until we had boots-on-the-ground people, some of whom invested with us.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern.

My wife and I came very close to pulling the trigger out of state. 

It all depends on Code compliance at that particular building.

Heard about pine quite a while ago... sometimes it takes me a while to pull the trigger but finally am on this one.

Even if the tenants are month-to-month, you would want one unit vacant as you only have 60 days to occupy or your loan could be terminated for non-compliance.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern.

I would recommend buying new properties in single purpose LLCs - if you transfer them now you would trigger a transfer tax event unless you put them into a land trust. 

I know if you’re in the city of Walnut Creek it’s a bit more stringent than unincorporated, but we haven’t pulled the trigger.

In hindsight, not continuing to purchase turned out to be very narrow minded.This year, after listening to some podcast episodes, and a presentation at a real estate meet up, I decided I had to reengage, and eventually pulled the trigger on the following deal.Property Details:Location: 13537 Cedar Rd., University Heights, Ohio (Cleveland Metro)Neighborhood Rating: A-Purchase Price: $153KRepairs: $65K (completion expected by May 1)Expected Total Investment: Approx. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central AC systemsInitially, I projected over an 8% cash-on-cash return.