@Jay HinrichsI try to avoid historic districts at all costs.

Hey @Dalton Foote - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

Essentially the only people who CHOOSE to move in the winter months are getting evicted from other people’s houses.

California is the only state that has essentially put a rent control type of restriction on home owner insurance premiums.

So essentially you are asking what states are the most opposite of California? 

I concur with @Patricia SteinerIt's essential to review your lease to check for any clauses related to pest control.

Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.

And as far as legal—an attorney becomes essential once you're ready to finalize terms with either an HML or private lender to make sure everything’s secure.Hope this helps!

For example they only buy land and build in land lord friendly states.Before they buy land to build on, they thoroughly analyze key market indicators such as population growth, occupancy rates, job growth, and even prioritize top school districts.

Essentially the lenders will be taking a risk on the property if they overvalue it.