Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.

Check with your state licensing board. 

Each change took a meeting, then two different public hearings, then a Board approval meeting. 

For many of us we are above board and tend to think we do the right thing but the number of vultures out there is pretty significant and its really those who this is about. 

US credit (some lenders may require 1 or 2 credit scores to qualify you).

They don't have to manage the property for you, but they can assist with getting a qualified Tenant in place. 

I'll jump on board with the others. 

This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.

Originally posted by @Charles Kao:@JC Wu @Jason GinesProblem with these turnkey operations is they get greedy or they get pressure fromtheir investors or board of directors to keep growing.

I'm looking at investing in several out-of-state markets (potential BRRRR strategy in mind), I have a list of qualifiers that I'm sussing out to determine viable markets but would love to know: what data helps in determining a good market to invest?