If the value has not gone up a lot since purchase, this might not apply to you, but one thing that is often a factor when converting a primary to a rental is losing your section 121 capital gains tax exclusion (up to $250k individual, $500k married couple if you've lived in the property for 2 of the last 5 years).

This is because we are all living in simulationNothing is real.

I don’t plan on living in Philadelphia long-term but probably will for at least the next year.

If you live outside of the area of the property, it will be more difficult, but still possible with a network of vendors.

We all live and learn. 

Is there anyone who lives in NYS and wholesale using Duck Fund for EMD?

I have been learning a lot about investing in the U.S. but I am an American living in Thailand and actually came across an amazing deal here.But I am short about $50,000 for it.

Many have gone like the wind, new ones pop up and will also disappear with the next breeze.Selling crap properties, in crap areas for more than they are worth and then passing on to 3rd party PM that nickel and dimes to death.It's a shame but it's been the same cycle since I started in 2012 and even longer that I remember.I feel sorry for such investors that commit so these providers but I feel even sorrier for those that try DIY BRRR from out of state.Asset classes are variable and "Potato" "Potato" lolFor example, I can almost but guarantee that my B class in Toledo for $90,000 for example is D class in Cinci.Lived in Middletown and owned a few rentals in Cinci so know the market decently.It also comes down to how someone was born and bread.I had investors come from Cali and laugh at me and my "B class" properties.They said it's Z class.Even tho my entire team lives in the area and so did I for 10+ years.No silver spoon in my mouth growing up and I wouldn't sacrifice my families safety in a so called "Z class" area.But we are all different, right?

Not a huge fan of Buildium due to their customer service.We had to show the team that it was in their best interest, and it would help their lives immensely.

I live in CA and want to buy out of state.