We might move back to the East Coast in 4-5 years, so I’m looking for investments that can work well as a primary residence now and a rental property later.Income: Both my girlfriend and I have solid tech salaries (150k+ each).Current Portfolio: I don’t currently own any rental properties.Goal & Long Term Plan: I don’t love my current job so like many of you, I would like to create enough passive income through rental properties to have financial freedom and be able to work business ideas or side projects.

Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.

Investment Info:Single-family residence fix & flip investment.

Good to know about bigger buildings and more amenities having more rules, that makes total sense to protect the full time residents.

(to keep things simple)Property was primary residence for Person A from original purchase until 01/2020.

Investment Info:Single-family residence fix & flip investment.

I like the sea glass connection but you could also do something else with less risk of offending various groups of people, like fill an empty sea glass wine bottle full of actual sea glass (as a decoration obviously, or maybe fill it partway and ask guests to collect more sea glass and add to the collection if they want to, my kids would love that).  

[Sale Price - (Original Purchase Price + Improvements) = Gain] In order to benefit from the $250k exemption, must be primary residence, lived in 2 out of the last 5 years, can use this once every 2 years.Looks like there's no capital gains Tax in Washington.

Next, do you need all the latest design, decor and high-end features right off the bat? 

I am in NYC as well looking to get a heloc on my primary residence.