If we buy it, make it our primary residence, and sell it in 6-8 months, what kinds of taxes will we owe on the profit?

Chandler and Gilbert have some pretty good schools and Ahwatukee is a nice place to reside as well.

From what you've said about not wanting to drop 30% of your income on primary residence it sounds as if you have made your decision

Sorry for the late reply, We are just finishing up a full rehab on our personal residence and have been working long days trying to get done so we can move back in.

I reside in Encinitas, CA which is a little town in San Diego County.

I bought my first house in MA where I reside, but have had fear of purchasing an income property.

I use "great schools' as a rental tool - tells us a fair amount of where our residents want to live. 

It lot easier to get on primary residence in Texas. 

Hello Westchester County, NY investors-I am looking for a mentor who is interested in exchanging expertise...Who I am:-Full time College Counselor for high school students- looking to get into real estate investing to (one day soon) be financially free-Wife of a medical student- we will be relocating based on his residency match next year. 

if I rented my primary residence it would take much longer!