The HOA fee is 50%-60% less than comprable condo buildings built within a three year time frame of the condos in this deal so I'm pretty sure that once I see the HOA's financial position, I will see that it is under funded.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

I've read that this statute allows taxpayers to to ignore any "nonqualifying" use of a property that occurs after the last date the property was used as a primary residence. 

@Reagan Clo RE Investors should do their best to KEEP THEIR PRIMARY RESIDENCE & RENTALS SEPARATE!

HiI am an accidental landlord of one property outside of my primary residence.

Side note: I couldn't fit this into each chart's description but I would like to say 1) Many of highest ranking counties based on rent/purchase price (1% (or 2%) rule) are false positives because there is not enough demand; these would be low population/ frontier counties.

The one thing that would be an unrepairable negative for me is something that you actually mentioned as a positive: the K-5 school across the street.

If you are not in a good credit or cash position, you will be forced to take on worst loan products in the 8s or even 9s. 

For primary residences, lenders typically don't require PITI (Principal, Interest, Taxes, and Insurance) reserves beyond the down payment and closing costs.

Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence?