Also, if it fits your budget and your business needs a write off BPCON lives up to the hype. 

For example it is my understanding that Big Bear allows it but whoever is managing the property has to live within 1 hour of the property. 

My wife and I live in Easley & invest in this area.

I truly believe she had a medical condition and shouldn't even live in my house, should probably live in elderly housing or the like.

Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.

Where do you live, and where are your units? 

I live in Farmington Hills.

I purchased both as a package and for the next six years enjoyed great cash flow as I paid the tax on the house lot annually at about half of what it should have been and neglected to pay anything on the tennis court lot.  

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

Hi, I am on my first flip, live in WA state found a partner in Ohaio, the rehab is in OH.