If I choose to rent, I might make around $200 - $500 a month.

But then you have the benefits of using it yourself, plus you'll build equity if you choose the right property.

If the money is not held according to local landlord tenant law and/or was was spent (either intentionally or unintentionally), that act would be treated as an exclusion no different than under any other insurance policy.

If you choose to go with this strategy you could complete your exchange and immediately do a cash out refi.

Hey @Joshua Houchins, we use QuickBooks Online exclusively for all of our REI Clients.

The consistent population and job growth are driving real estate values along with many companies choosing to move and develop here like Intel, Amazon, Google, Meta, etc.

Whatever you choose make sure to read the ENTIRE fine print of the policy.

And good luck to whatever you choose to do.

I work almost exclusively with investors and a lot of times, out-of-state investors.

You can mail them any of the following A letter explaining who you are and what you can do for them.A calendar with your picture and contact information on it.A bottle opener keychain with your contact information on it.A pen with your contact information on it.The area you choose as your target area should be a neighborhood that a lot of your social media friends and followers live or do business in.