You can re-position it for 15 minutes, but then the bond becomes permanent. 

I networked with many of the enlisted who lived and worked there permanently.  

This would be based on the type of ownership, property, and other factors.The United States taxes its citizens and permanent residents on their worldwide income.

And semi permanent visitors that seem to be there all the time.

So an exchange can be a very valuable permanent tool.I would also just caution that if you plan to purchase more than three properties, please make sure to choose the correct replacement property identification method as one of the methods limits you to three properties and another method allows you to identify up to 10 properties but the sum of the ten cannot exceed 200% of the value of the property you are selling.

Here is some more info on each of these products: HOMESTYLE RENOVATION: Product Overview Combines home purchase or refinance (limited cash out) with home improvement financing in one loan with one closingProvides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 50% of the "as-completed" appraised value of the property with a first mortgage, rather than a second mortgage, HELOC, or other more costly financing method.Funds can be used for repairs or renovations that are permanently affixed and add value to the property.Primary residences as well as second homes and investment properties are eligible.NO MOBILE/MANUFACTURED HOMESRequired LTV's: Primary Homes:-1-4 Units-620 FICO Minimum (660 High Balance)-95% LTV 1 Unit-85% LTV 2 Unit-75% LTV 3-4 Unit- Minimum 680 Credit scoreSecond Homes -1 Unit - 90% LTV -700 FICO Minimum Investment Properties:-1 Unit - 85% LTV Purchase Only (75% LTV Limited Cash Out)- 720 FICO Minimum-2-4 Unit Investment Properties - NOT ALLOWED WITH THIS PRODUCT!

Hello Brian, I also live in San Francisco and make Miraloma my permanent residence.

I kinda like it, I would however maybe permanently block the fireplace, by putting a cheap electric unit in the fire box, unless you dont mind if the tenant burn it down. 

I once heard that the things that hold you back most in life are usually good things, like comfort, family, a short commute, etc.Let's get creative here...How about a duplex JV, where their moving into one side gives an investor the opportunity to buy in at 5% and have a permanent in-house management?

What this area does have though, are a lot of split level houses where the lower level is considered an in-law suite and many have separate outside entrances, a full bath/bedroom and we would put in a kitchenette and permanent door to create a separate unit.