Talk with your local planning and zoning.  

Hello Everyone, I am located in Killeen, Texas and planning my next investment.

Are there any tax implications or mortgage barriers to building a home under the "second home" plan and then converting it to an investment property shortly after its finished?

How many years do I plan on living in this home for?

This is a big thorn in our side for the plan.

@JT StanfordTo start buying real estate in Chicago, as a first-time homebuyers you should your budget, look at loan choices, talk to a loan broker, check out places like Woodlawn and Greater Grand Crossing, and choose a property type (duplex, triplex, or multi-unit), look at move-in ready homes, work with a local real estate agent, and plan for the future.

Nik, you have not told us what is your plan for the build.

@Brandon BellIf you have a loan officer you are planning on working with, it might be best to consult them first on the best route to go for this scenario.

1. https://sports.yahoo.com/north-port-adapts-second-fastest-11....2. https://www.mysuncoast.com/2023/01/31/north-port-ranks-secon...3.https://www.simpleshowing.com/blog/wealthiest-counties-in-fl...4.https://www.northportfl.gov/City-Services-and-Safety/Residen...Operation costs are lower than average because they are new construction properties and if you choose to let us manage its hassel free because we know every nail, color scheme.The house is under warranty by us ( the builder) and comes with manufacture warranties as well.

I plan to consult with my lawyer but I also wanted to chat with yall.