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

But we'd also like to be compensated for this cost especially since we are offering our residents a service. 

@Max Servais if this will be your primary residence, you will need to insure this with a Homeowners policy. 

Augusta, GA is the home of the Masters and a lot of folk vacate their residences in order to make some cashola.I don't mean to bust your chops on this as the info was great, but it isn't a loophole and the IRS doesn't consider it a loophole.

There are a lot of factors to consider here, but if you can keep your current residence as a rental, I would do that, possibly even a STR or MTR. 

“The availability of affordable housing in Phoenix has plummeted very quickly and very dramatically,” said Maxine Becker, an attorney at the Wildfire Community Action Agency, a group that advocates for low-income residents of Arizona.Evictions are seen in virtually every community, from residents in their early 20s to retirees.

It’s similar to a triplex in that you’re renting three units, however it is a single family residence with an ADU...three leases in place does not change that.

After that time and loan paydown, I will either sell 1 or 2 of the properties and use the proceeds as a large down payment on my primary residence.

You’ll want to check out the PA Code's Chapter 2800 for the standards around licensing, safety, and staffing requirements, and the Assisted Living Residence Regulatory Compliance Guide can provide extra insight.We actually have a local team here in Allentown that has worked on several of these conversions, so if you'd like some guidance or just want to chat through the process, feel free to reach out.

Hard to argue selling the home and not having to worry about the gain.You can use 1/2 the funds towards your down payment of a personal residence and then still have enough funds to maybe buy 2-3 investment properties.