Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.

We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes. 

I also live in Tomball and have a similar need for a CPA with heavy RE / investment income experience.Matthew

I contacted him within a few hours of the listing going live and negotiated the deal by phone.

But the issue you will have to live with is the fact that you will have to disclose this.

His mom lives in Vancouver, Canada.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

I would love to hear any suggestions about where I should look to live in the area. 

On the rental agreement it should clearly state that only those listed on the lease are allowed to live in the property.