Last point I would like to mention is that I am current renting, and I plan to purchase a primary residence within the next 2-3 years.

I have 3 highly successful STVR homes (Austin TX, Tybee Island GA, Lake Lure NC) and have built my own homes a few times including most recently GC'd my residence in Rome GA. 

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

The home is in the Sacramento area and closer to the rest of my family and he would sell it to me for a little under market value.Looking at my options, I could keep the Stockton home and rent it, along with having a new primary residence in the Sacramento area. 

I've purchased properties before as a residence, that were in negative cash flow initially, which are doing great now.

Assets identified in this study include:Appliances: Dishwashers, laundry machines and refrigeratorsElectrical and communication systems: Specialized equipmentCabinetry, Countertops and shelvingInterior Finishes: Laminate flooring, carpet, and decorative elements.Security and communication systems: computer connections, alarm systems and telephone connections60.8% of the total depreciable basis was classified as 39-year class life.

I would hate to be a resident and have issues every summer. 

The key is to allocate expenses proportionally between your primary residence and the rental units.

For example, suppose your primary residence, rental properties, and employment are all in the same area.

Does anybody have a good workaround for city ordinance restricting more than five unrelated occupants in a single-family residence?