I get a lot of applications from out-of-area people, typically moving from another state.

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

Krissi,Honestly, I’d consider taking the loss and moving on.

Property taxes on my primary residence are quite high ($17k/year).With the upcoming move, I’m considering a few options:1.

I didn’t see what state you moved to?

.: Going to be moving to Chicago next year; looking to purchase a rental property down the line in 1-2 years and just really confused where to go.

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

Should I just add them to my 'Cash Buyer List' and move on?

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.