You are already succeeding by living for free, which will increase what you can save for the next investment.1-2 years later, buy another one and turn the first property into a pure rental.

There are many reasons we transitioned from NY to TN:Taxes: Tennessee's tax-friendly environment means we get to keep more of our hard-earned money.

Feel free to PM, happy to chat!

Feel free to use it as you'd like.I divided the survey into five sections: bedroom, house, neighborhood, landlord/property manager, and amenities.link: https://docs.google.com/forms/d/1WCzit_3R0m0Ut6DWYWmdvchwDH5...

It’s still relatively affordable compared to bigger cities, has strong rental demand, and no state income tax, which is always a plus.

Feel free to add me!

Agreed - plus two additional thoughts:1) I always recommend having your CPA also review the drafted operating agreement for the tax issues. 

Goal to live for free. 

If you haven't aggregated properties in prior years, you must attach a statement to your tax return in the first year of aggregation, identifying the properties and explaining why they meet IRS guidelines.This post does not create a CPA-Client relationship.

If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.