If the money is not held according to local landlord tenant law and/or was was spent (either intentionally or unintentionally), that act would be treated as an exclusion no different than under any other insurance policy.

However, in my experience, those who rely exclusively on this strategy can face significant challenges.

Make sure to check out the Pro Exclusives page!

Our team works exclusively with out-of-town investors and have the support program in place to help build a strong portfolio.

Two, (not mutually exclusive) approach’s.  

As an agent who has worked almost exclusively with investors for years, I almost automatically take the approach of saying “no” first.

Hey @Joshua Houchins, we use QuickBooks Online exclusively for all of our REI Clients.

We hired a internet marketing person whose business consists exclusively of real estate clients who redesigned our website, initiated a program of SEO and social media marketing aimed both at deal flow (real estate borrowers and mortgage brokers) and capital (passive investors).4.

In both cases, having a property manager who can adapt to the specific needs of each asset type is essential.I believe that the best property managers understand that profitability and customer experience are not mutually exclusive—when both are done well, everyone benefits.Thanks for bringing up this great discussion!

Or, plan on this being a nest egg builder and growing your equity, living in the home for 2 of the last 5 years and then selling with Section 121 exclusion.