You want to hit the same people every 30-45 days.

i'd refund in 45 days if they leave early and if i have a replacement tentant.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in September, 2024:-Single-family home sales increased 1.7 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 51 days;-Total property sales were down 3.3 percent with 8,228 units sold;-Total dollar volume was statistically flat at $3.3 billion;-The single-family median price was up 1.1 percent to $335,000;-The single-family average price edged up by 0.3 percent to $415,435; -Single-family home months of inventory registered a 4.4-months supply, up from 3.4 months last September.

The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.

I think if you can write a solid letter of explanation stating that you are going to commute to Colorado from Washington for 4-5 months out of the year for your job (and why), that should be sufficient enough to run this as a primary residence. 

Every 4-5 years they would use the equity in their existing home to get a HELOC/refinance mortgage to purchase another house.

If the property is in South Carolina, it in Chapter 45.  

We are considering building 4-5 duplex's on the property over the course of a few years so we can pay them down as we go.

It seems most people agree when hiring a GC its best to trust them with purchasing materials.I'm not a GC but I've worked on 4-5 flips from start to finish and completed about 60% of the work myself so I have a decent amount of knowledge/experience.

I live in Northern Oakland County in the State of Michigan about 45 minutes North of Detroit.