Hey Dan, renting to a sober living operator can be a great idea.

If you are buying to live in, you could also do FHA with a cosigner.

I live in Manchester NH as well. 

Depends on what your goals are. 1-4 units are still residential, so it doesn't really matter how you start.

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

Hello everyone, I now live in Manhattan and own one rental property here.

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

It's going to be pretty dependent on the house to think about what you can expect.

Living trust does nothing for anonymity.

Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.