Fear of a regulatory agency probably kills more deals and business relationships than lawyers and RE agents do.David J Dachtera"Success is not a destination.

The takeaway from that book is that the US is destined to fall unless the Fed Reserve is dismantled.

It'll remain a vacation and retiree destination, with strong future demand from the tidal wave of retiring baby boomers.

I leave in the morning on a romance and 70s rock 'n roll cruise.....

What you do is get a non-investor friendly mortgage and move into the property that is destined to become your first rental, one year and one day from now.  

I feel like "driving for dollars" is like cruising a grocery store parking lot and sitting next to a car I like and waiting for the person to exit and ask if they want to sell.

So, you'll have an initial cash outlay to get things in order, and then place the property on cruise control...combine this with a great tenant screening process and you may have zero expenses related to maintenance for years.

If there is a lender involved, they probably need disclosure from you that you're no longer occupying the residence.David J Dachtera"Success is not a destination.

Tucson is not the hottest vacation destination, except in the heat of the summer (LOL), so every little bit helps to attract visitors.

They may understand the flow of such transactions, but they are not fully qualified to provide such answers.Your other questions might be better directed to an accountant or tax professional.My $0.02...David J Dachtera"Success is not a destination.