I understand that if you live in a state that does not have a state income tax - you won't have any state tax liability, but based on $110K income, you would be in a 24% federal tax bracket...Distributions from an IRA or Roth conversion would be considered ordinary income and subject to ordinary income tax; capital gain tax is not applicable here, so I'm not sure why you are bringing it up... 

Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

I will potentially move into one of the units for some timePurchase Price: $1.98MAssumable Existing Financing: $1.18M @ 3.48% ($5,563/month) Seller Carry: $300k @ 3.5% (5-Year Term)Down Payment: $525k (Buyer to Bring)Buyer pays all closing. 

They can bring payments to the office or send by mail, but anything mailed is not considered paid until it's in my hands.

In Ohio, older homes might bring hidden maintenance costs, so that $20k reserve will come in handy. 

Or an experienced flipper/rehabber.What you don't want to do is bring in partners who are just like you.

The Fed rate cuts will eventually help bring down mortgage rates.

Quote from @Jeff Shaver: Current investment property in San Diego brings in $5K a month, my net after mortgage/PM/etc. is around $650.

In NELA it will bring in over $2k/mo, it cost $110k to build(sweat equity obviously).

if you are renting is it inexpensive and therefore creating cashflow out of state can bring you closer to a net zero cost of living?