If you do choose that route though make sure you get a good accountant who specializes in cross-border taxation.Best of luckCal

I just submitted an offer for a 4-plex in Fresno and hopefully (crossing my fingers) I can close my first rental property. 

As you cross the long Ebey Island trestle going into Everett, look for the old red landmark barn on the north edge. 

Hola Carlos, I'm also new to BP (awesome site), and I'm at the border of Windsor Locks and Windsor (by the Airport) pretty close to you.

Although, this seems like it could be border line invasion of privacy.

I've had this "idea" for a while, but wasn't sure if this crosses any ethical/legal boundaries as an agent:I would like to approach agents with this offer: If you find potential listings that may not be ready for retail sale, I will buy them, and you "the agent" can keep the full commission.

I was employed by the American Red Cross as the Service to the Armed Forces Specialist at Fort Bliss, TX, and I served as a Parent Educator for the United Way. 

City tax assessment is $140k and I know it should appraise for around that or more.I'm hoping to cash out as much as possible but I know there may be some limitations on it since it is a rental.One thing that crossed my mind is-  Since my existing mortgage is an FHA, does this affect anything now that it is a rental, or is there anything special because it is an FHA?

Rent in the short term and nice purchase price in a year.I started reaching out to my contacts to find a good mortgage broker, so fingers crossed!  

@Beau Romstedt, my guess is that your advice on the 6 month hold is because it crosses over into two tax years which is the wording used by one very narrow tax court case (two tax years) @Joel Owens is right about there being no statutory holding period.