Purchasing a house in Bremerton, WA but we live in Nevada. I would like to rent it out to traveling nurses or corporate rentals since there is a very large Navy Base there and also 2 hospitals. Any ideas besides fruni...

I keep the rmd the lowest possible however to secure a loan on a home I inherited I had to adjust the rmd higher...now I want to move it back where it was because I am very conservative and like to have money for the unforseen future . 

I have a half dozen years of experience renting out a few single family homes and am looking to bet big in a different market.

Pre-understanding of the area/market, willingness to fix and live in an outdated and damaged home.

My normal insurance provider(Erie) said they will not provide coverage on a rental we are about to purchase due to the home having fireplaces.

Secondly, I think your better off trying to push for a larger concession package (Free Rent, Tenant Improvement Allowance) than you are trying to beat them up on their rent.

When using the Fannie/Freddie/Federal Home Loan Bank second home occupancy loan and you transfer title within the first year to an LLC that the borrower is majority owner of it will not trigger the due on sale clause as long as you can attest that it will continue to be a second home.  

@Verna Littleton @Wendy Thurst we rep for NREIG and can share that they will not be able to insure the building if it is owner occupied.If you are living in the property as your primary home, you would get a standard Homeowners policy. 

Each and every area might need a fresh look and improvement.

Looking for advice on what I should do with my current home as I look for my next primary residence.