However, this might not be possible w/ all of the hits you will have against you w/o counting anything in the positive as it is not being rented yet, let alone for 2 yrs like some places like to see.

I cross referenced the tax info on the county website and the home is owned by an investment company called everbank and they have locations all throughout the country.

One small bright spot, well not really that bright, is once you're deemed to be in the biz of flipping homes, if you happen to lose on one of them, you can treat that as a loss and count it against your income, which you cannot do with a capital loss. 

Although the population count of the small towns in the Yakima Valley may be on the low end, they get "fresh blood" due to the hiring of highly educated agricultural professionals.Many of these people are here for a contracted term of one or two years at most and earn 50k and above.

It doesn't seem like my local area can support that strategy very well but things start looking up once you cross the border into Wisconsin.I'm also thinking about investing into vacation properties.Looking forward to be a part of this community and helping others in whatever way I can.Sebastian

Claude) I think Holy Cross is getting pretty hot for the same reason.

It never crossed my mind that I'd possibly have to be on the end lessee's policy.

Right now, I'm trying to narrow down my potential niche and can cross off condos.

I've had a social worker, vet tech, teacher, personal trainer, crossing guard/retired postal worker, and so on.Weis, from your list, you may find the kind of tenants you're looking for in Port Richmond.

The trust must be for "estate planing purposes"  I don't think avoiding the due on sale clause counts as estate planning.