.- The lender: when applying for a primary residence mortgage loan, you are typically required to intend to live in the property as your primary residence for at least 12 months.

It is a 2/1 Duplex where I will live in one side and rent out the other.

Where do you live and work / what's your investing focus?

Conversely, if the seller NEEDED to sell the property to raise money for something, a fair price might be closer to that $2-3/sf number.

Hi, would love some input/advice on this scenario:  I currently live in the Bay Area, and have a single family rental in Merced, CA that I believe has a slow appreciation: bought for $170k in 2005 & its now worth about $400k.

It looks like you live close to your rental… I would say, “why not manage it yourself?”

Any of you live outside the U.S  or have experience on countries where the dollar stretches' the most, Im biased in Bolivia, SA, because my family is from there , im fluent in spanish and been visiting on/off since i was a child, longest time i stayed there was 1yr.

@Anastasia Jordan, ADOR does like to hear about it if you are a neighbor or live nearby and plan to rehab the property.

Conversely once the unit is finished and I post great quality pictures and have showings I am able to rent the units very quickly.

I’m born and raised and living in El Paso, TX and have been looking at properties in Cape Coral, FL.