Oh, those older houses! 

Hello @Fulati,With that budget, I would look for houses in East Memphis, Cordova, or Bartlett.

They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.

There are not too many people who can pay 40K cash to buy a house.

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

I’m thinking of suing the utility companies for not notifying me of non-payment creating unsafe/ unsanitary situations that led to house fire, thousands in damage.

Buying a new primary residence has nothing to do with the capital gains exclusion.It is when you go to sell the new house down the line you'll run into a problem.

I have a 5 bedroom 2 bathroom house.

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.Do you pre-sell houses without hedging a percentage of the supply?  

Paying those things benefits you because they facilitate STUFF exiting the house.