@Sharon Porter What specific part of TX?

good afternoon, I appreciate your advise in advance. 

i wouldn't tell you where you should move since i don't know you.also, a lender would be in the best position to advise whether you qualify for a specific loan. 

Just acquired a property in a small North Texas very rural town. No building inspections or permits exist out there. The previous homeowner enclosed the back porch and was using it as a 3rd bedroom. By doing this the ...

What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."

Quote from @Joshua Nichols: Quote from @Jaron Walling: @Joshua Nichols I'd take @Travis Timmons advise to heart and think about the challenges associated with flipping RE.

I have talked with a few MTR specific investors recently who are transitioning their properties to long term rentals because they are sitting vacant.

Readers are advised to seek professional advice

However, there is no specific holding period contained in the tax code or regulations and there is no "safe harbor."