OR, do I do what makes me FEEL more comfortable because it’s familiar; and rent out my house, buy a bigger more expensive house that has potential to rent out a little casita that’s attached to the house for added income?

I'm located in Richmond, Virginia currently, but that could change very easily after college as I'm not too attached to this area.

EXEMPTIONS Real Property - The sale, lease or rental of real estate (land, houses, buildings and other structures attached to the land) to the same person or occupant for thirty or more consecutive days.Intangible Property - Sales of intangibles (copyrights, royalties, notes, bonds, etc.)."

If there is a mortgage attached to the property there's a 99.99999% chance there's a clause in the mortgage that requires it be paid off when you sell - regardless if it's in your personal name or an LC.Yes, it does complicate things when doing 1031 - but not really... there are rules you have to follow to stay in compliance with 1031. 

Getting that voice takes work, just as learning useful things also takes work.But if the numbers rather than the names attached to the votes matter all that much to someone, I don't think real estate is going to be a very rewarding field for that person.

People Always need a place to live.The corner grocery store might close down and burn the NNN lease holder after all of the other supporting businesses attached to it go dark.BUTPeople Always need a place to live.In the last bubble aftermath I noticed many families grouping together, ie (SFH) brother and his family living in the garage, and/or sister and her family living in a camper in the driveway, kids galore, pets a plenty.

But if you get a judgment, you may be lucky enough to find an opportunity for your judgment lien to attach.

I remember a BP Podcast where the guest was speaking about a single commercial loan that wrapped a few properties and also had an equity line of credit attached that he could draw from.

In the attached report of the subdivision called Prestonwood, in the last year, sales have been cut in half, and listings have tripled.

It is not in very good shape, but is also not attached to the property in any way shape or form.