@John Cooper when you or someone you care about is living in the home it is important to be extra vigilant in choosing tenants.

So you might be living in the US or in Europe, investment properties are bought to outsource and earn from the cashflow.

With that in mind, I’ve decided to focus first on finding a distressed SFH that I can add value to, live in for a few years, and keep as part of my long-term portfolio.I like your suggestion about building the “core 4” team—agent, lender, contractor, and property manager—and will definitely prioritize that as I move forward.

Instead of paying this $6M to the IRS, they now are earning interest on this extra $6M and living off of the interest for as long as they want to while the funds are invested in stock, bonds, multiple funds or back into real estate at their own timing (all capital gains tax deferred).Here are the Benefits of a Deferred Sales Trust (DST) and buying real estate through the DST vs 1031 exchange1) Timing- Sell High and Buy Low: Partner with the Deferred Sales Trust (up to 80% of the funds) and buyback into and back out of real estate.

Science, monetary policy, stock market are all just speculation but people still believe and live with it.

I live in New York as well, but have chosen to go out of state for my investments. 

Fortunately, the tenant paid for all of it.They lived in a building with a nice laundry facility (six washers and dryers) that were priced below what the laundromats charge.

In lieu of living quarters, and if your area doesn't really need the value of a garage due to weather, the best uses I have seen are full-service home offices or gyms.

Flexibility for Multi-Generational Living - SB 9’s provisions also make it easier for property owners to develop housing for extended family members.

Did they live fro 2 months with no dryer?