After one year living in that one, you can purchase a nice duplex with one side being your private home, the other side being a rental, and eight apartments.At that point, you could probably be financially independent and no longer need to work or you could continue building your portfolio and creating long-term wealth.

I just checked for you and it seems like you would need to be an active licensed agent for 3 years in Arizona under a broker before you can operate as an independent broker yourself.

During an IRS audit, they may raise this issue, because it is legally your responsibility.

If they ever get audited afterward, they will be happy to have rented it the max three years before selling!

You should also get an independent title search if you are seriously interested.

Start with where you want to live and then independently where you want your investments to be.

I live in Seattle and could use some input and advice on achieving my goal of living independent with little to no housing costs.I am hoping to achieve this by taking advantage of newly enacted DADU laws in Seattle.

From what I read it seems this can be a tricky one and is usually one the IRS likes to audit?

The property manager is just a facilitator, even when S/he has authority to act independently.

I'm hoping to find someone that treats taxes like I do--be aggressive on tax decisions even if that increases the risk of audits slightly.