The first thing I'd recommend is focus on a market where you either 1) currently or have previously lived, 2) have family/friends that live there, or 3) travel to/vacation there frequently.

I enjoy learning and growing as an entrepreneur, investor, business owner, and person.

I see a lot of new investors buy something turn key and end up either over paying or due to the market not being able to refinance for 5 years.If you have any questions feel free to reach out or email me I enjoy helping BP members.

Not following the requirements (within Seattle city limits will likely have additional rules and regulations) opens the seller up to liability.Additionally, the seller always has the option of offering "cash for keys" arrangement but be sure that no funds change hands until after the property is vacated and locks are changed.John

It can be usable for both if you were vacating the units and there was a 12 month lease agreement.

Enjoy your $3 million home with that weird guy living in your backyard forever. 

Very much enjoyed that neighborhood..

*If* I was taking my family on vacation to a home Orlando/Kissimmee/4C is damn near the best deal going anywhere right now, because it is for sure a buyer's market. 

One of the 2 things will happen after you try that for 2 or 3 years:  you are really good and make a lot of money and have a track record to attract other property owners to do arbitrage with you (that's what happened between us and the guy we are about to sign a contract with), or you are not very good or you don't really enjoy doing it, so you either sell the property or let other people manage them. 

Usually I use trieagle and request a month to month plan and have the power on a day or two after the tenant vacates.