The quality of the property and the tenant pool you will be renting to out of state matters more than you think.

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner?

We have had duplexes with shared water, sewer, and trash billing, as well as shared driveways.The long term tenants act more like owner occupants, planting flowers, etc. and in some cases neighbors think that they are the owners. 

I think he was wrong.

I am gonna live in this multifamily, thus I think I am qualified as owner occupying.

When this has me thinking that we also need to be talking about zoning, zoning, zoning.

I think I went through 3 different people that were over my account because they would quit.

@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

Hell, if all it takes is offering out some software, i think i gotta call IT in India and get ball rolling, people paying me for chance to send me deals, LMAO, that is a new Pet Rock for sure. 

Because not only did I think the house would appreciate, I thought the rent potential on the property was huge.