I am wanting to buy a 4plex and live in one unit.The dilemma I am having is the price, they range from 360k to 500k, and rent is $1,100 to $1,400.

Of course, the SAFE Act then becomes the investor's next dilemma in doing such creative things ... and this is getting the discussion going a bit off topic, so I'll stop there.

Sorry you're having to stress out over your dilemma.

Sure, rate increases affect everyone; however, they are increasing because the Fed is saying they will be tapering their bond purchases (printing money).The Fed is getting ready to taper because they like where the health of the overall economy is going, particularly with the employment data.So the way I look at it is this.

Here's what I know:The city of Corpus Christi has a 3-yr apprciation rate of 5.9%The city of Corpus Christi has a 1-yr apprciation rate of 6.7%Zillow predicts that the neighborhood will appreciate at 7.4% in the next year.The house is on an island, so expansion is limited but has not yet capped as there are still vacant lots scattered in this area.This address is in the best school district of the metro areaThe city experienced 10% net population growth 2000-2010The city's two main college campuses had a combined enrollment of over 22000 students in 2011.The city's top ten employers are in the sectors of military, education, health care, contruction, government, and grocery (local grocery chain headquartered there)The house is a 3 bed 2 bath, which is on the small side of avg for this area.What more what YOU need to know before deciding to invest in this area?

Two health centers nearby.

I've been through a bunch of this recently, but this is complex stuff.First medicare and medicade are two very different beasts.Medicare: Health insurance for the elderly.

The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.

Check the state laws and with your local health department.

I'm keeping documentation but holding off on restraining order.This is a very manipulative tenant who pays her rent, has obvious mental health issues and knows tenant law.