Maybe that's the wrong long term play, but It helps our situation. 

I can tell you why: because the Govt via the cities of the community/state you are in have made it clear that they have both the capacity (i.e. votes) and willingness (i.e. political ideology) to say that the free market doesn't apply and your rights and an owner will be limited in at least one major way.Any guesses how that's going to play out down the road? 

.), but you also have to look at how many value add plays you have.

Hi Paul,Time the market, ride the wave correctly and get out before you even have the chance of falling (because most people who fall get eaten by sharks as tasty Seal Meat, and the Dolphins are too far out to save you--playing happily in the sun.)

Hello, we have $300,000 saved to play with.

If you move to another state, nothing changes and you are still obligated to meet HOA requirements and play by their bylaws. 

Hi Mark, a great play we are seeing is investors adding ADUs to 2-4+ units. 

If you had invested anywhere around Detroit in the last 20 years, you had dead money unless you were in downtown where money recently started being invested; and that play is still up in the air as to whether it will work out or not. 9) Financing - Buying apartments without using debt makes no sense.

And my hunch (based on your equity and what little I know about you) is that you will qualify for whatever internal criteria they have for this.Post back & tag me, I'm curious to see how this plays out and/or is resolved.

Income tax has never played a role in my choices.