If you drive through residential streets versus MFU neighborhoods, there is a distinct difference in most (not all) cases.

I am looking to move as early as November of this year to get a second property closer to Washington DC (~ 1 hour drive). 

As a result, you will need to depreciate this expense over a period of time instead of deducting it in the same year.Because the amount exceeds $2,500, you cannot take advantage of the de minimis safe harbor.

I've spoken to some and none have said this is a safe loan to make.Best of luck,

I like to buy properties that I would feel safe and comfortable living in personally if I ever needed to live there.

Tax reasons, lower cost of living, wife is Brazilian and has friends already living in Orlando area, beaches and most cities are within a few hours drive. 

The bottom line for me is that I drive every day.

@Dan KielySugar Land and Katy are family-friendly suburbs with good schools, a strong job market, and a safe environment, but have higher property taxes and commute times.

Down the road, if the borrower is in a different situation and they want to use conventional financing, the loans that they personally guaranteed will count against their 10 properties financed when a conventional underwriter pulls a drive report.