Long-Term Wealth Creation:Owning a duplex can be a stepping stone toward a more extensive real estate portfolio.

Great house in a great neighborhood, so as long as the tenants keep it up, we're friendly with the rates. 

Hi Mateo,The ideal would be to use cash and then do a cash out refinance into a long term mortgage. 

Being on the East coast makes those areas a little more accessible from the west coast its a long slog over there.

We are not first time home buyers but have three single family homes ( rental) properties in California but want to buy our first apartment complex out of state for generating  cash flow for the long term.

I'm not talking about jurisdiction shopping Texas, I'm talking about owners who live in Texas and operate in Texas 100% Although jurisdiction shopping to Texas seems like it would work the same way as long as the lawsuit was in Texas, if the local court would allow that. 

We're looking for buy-and-hold long term rental properties that need minimal rehab work to be rent-ready.If anyone has any banking recommendations in Michigan I'd love to hear them.

I have active SFH long term rentals in the area. 

There's nothing preventing the former owner from qualifying as the prospective owner-occupant as long as they meet the strict guidelines for being a prospective owner-occupant as set forth in Civil Code 2924m(a)(1). 

If you house hack as a Live-In landlord however, then you can live in any house, anywhere as long as it has a lot of bedrooms.