Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

I live in California but am looking to invest in Texas, Alabama.  

Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.

My name is Batyr, and I’m a real estate investor specializing in co-living (PadSplit) and multi-family properties using creative finance strategies.

We live right over the apartment.

I live in SoCal so if I wanted strong cash flow I would likely have to look out of state.

My manger does this all the time.He has an inspection done to verify all the maintenance issue and has someone video the property to verify all the marketing issues.

Add to that there is currently a ban on foreign buyers in Canada (only a few exceptions and as far as I know they all involve living here).Capital gains taxes apparently used to be higher (before my time). 

Get a duplex and live in one side.

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.