The taxes here are high, but the price to rent ratio is exceptional and there is a huge demand for quality housing in certain neighborhoods.   

Renting it out before that could violate the loan agreement unless the lender grants an exception (e.g., job relocation).

There's very little at that price point, not in downtown, not requiring a bunch of rehab, and within 25 miles, except for this: https://www.realtor.com/realestateandhomes-detail/1731-Hale-...?

They remain distinct on Form 1040 with different tax treatmentOnly capital losses can offset capital gains (except for the $3,000 allowance)So even though material participation makes the loss non-passive, it's still an ordinary loss that cannot offset capital gains from stock sales on the return.The only way capital losses can become ordinary is upon the sale of your property, and that loss could offset your W2 salary.  

Never pay an upfront fee.You didn’t mention your state but understand that with little exception, an NMLS registration is only required for consumer-purpose loans.

We don't believe in VIP tracks and want everyone to come in feeling equal so your ticket is your all-access pass, the only exception being a la carte workshops on Sunday before the conference kicks off.

Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.

I also suspect the vast majority of lenders will take exception to your mom being the 1st position lien (look up strategic default).

Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. 

. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.