Trying to understand what multi family rentals are and learning how I can invest or convince myself to invest into it or learn more on this topic to understand this is not my path.

This will be negative cash flow if using sustained maintenance /cap ex.

Tyler, if you want to send me over your email, I will put into my 30 yr proforma and calculate the PITI and show your returns. 

This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return. 

Lastly, agreed 100% with Stuart, you can't go into it using best case scenario assumptions and allocations.

Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.

*This is a VERY simplified example, you'll want to use amortization tables and more to be precise.For maximum portfolio growth, you might consider buying a new primary every 12 months.

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

If I had not had my license, then I could not have seamlessly moved into "listing mode."

We're also doing our second annual gopod trip later this year.