Quote from @Kamal Martin: Quote from @Julian Zamora:Thanks for the info,No I don't live n PR do you? 

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

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.

Tenants should be paying the owner.Do you also live in the house?

I grew up north of San Francisco and then moved to live and invest in Reno, NV.

@Fabio CattolicoFrom my experience, balancing career growth, cost of living, and real estate goals is a smart move.

I live here and househack as well - can provide a first hand perspective.

While you’ll probably be able to eventually prove you’ve been living there.

Does USAA know that you are living in it?

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.