Do that every 2+ years, sell tax free, repeat, and you can be set for life ("live in flips"). 

Quote from @Jared Leggett: Quote from @Corey Conklin: I know that moving away from home isn't what anyone really wants to do but in your situation it would absolutely change your life, financially (and for the better) if you left.Again, I don't know your situation but I can tell you that a sanitation worker in a small town in Kansas (town of about 12,000 people) makes more money than you do living in NYC.

Hello @Anthony DiSanzo,I’ve lived in Memphis my whole life and have been helping investors like you build solid rental portfolios here for over 20 years.

Their videos, webinars and web content have been a huge help in presenting what the concept of shared ownership looks like in real life.  

Quote from @Christian Bobby McLemore: You're 21 and you've been building houses your whole life?

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

I'm with you...I'm waaaaay over all of the "10 tricks" "10 life hacks" "10 best...." articles out there.

Looking forward to learning from you all and of course becoming a millionaire real estate mogul and eventually President of the Universe.Welcome Chris: I’ve been a landlord for over 25 years now and I know some good local resources I use to make life easier too! 

If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.

You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change.