One comment I had above I want to correct, "If I'm going to do renovations then you should have asbestos tested if you exceed certain "trigger levels"; you spoke to this in your response, Bill.  

What I want to learnI've been really curious about Buy and Hold out of state, mainly because looking at the Seattle market right now I haven't seen too many things that give a good enough margin to pull the trigger on. 

I started a wellness company five years ago where I do personal training and massage therapy.  

I currently live in the area but I'm moving in 8 weeks, so I'd like to pull the trigger before then. 

I failed to pull the trigger due to lack of confidence in what would be the biggest risk I have taken in my life.

, but again I'm not sure if this is a solution as I understand this would not transfer ownership and I do not want to risk triggering the sub2 clause scenario by trying to do so.

I am excited to pull the trigger on my 1st deal, just need to let the loan officer know I plan on occupying one of the units. 

We have a couple of options to make that happen: 1. liquidate part of our non-retirement taxable investments for the downpayment (and trigger capital gains) or 2.

So I guess this would mean I would need to trigger one of those 60-day withdrawals in order to maybe make a purchase at auction.  

Still don't feel like I have enough to pull the trigger but am getting more info as the days go by.