The way the math works out, paying off a primary residence (and car loans, etc) will help your DTI more than paying off a rental.

This push parlayed with residents looking to escape higher-priced neighborhoods/taxes to the East, has driven JP home prices at a 17% higher clip than Chicago's average residential increase - stat from the above article. 

I made it out of this one in 2016 when the market started to recover, but learned valuable lessons.Deal #3 (2011) 1st SFH, primary residence.  

I’ve retained the property as my primary residence for two years to avoid the capItal gains tax and am getting ready to list.

I'm looking for a good real estate agent for my daughter who is buying her first home (as her personal residence, not as an investment per se). 

Anyone with a dual citizenship (US/CANADA) resides in US as an investor?

We make all residents who have an ESA provide us with the paper work.

Here in Texas, we have a Homestead Deduction you can claim if the property is your personal residence.

Only downside was the one that taught me the lesson was my own residence and the kicker was a RE agent told me I should get it and I blew her advice off. 

I just wanted to get some feedback on what the community thought about this story, how I should feel about the primary lessee not being a resident, if i should be weary of the offer of 6 months up front etc.