I would love to help you find a duplex that meets your need to do a house hack!

Thanks a ton in advance for your help!

For example, it would pull a ton from this thread and think it's as much about the subject of fragility as it as about what to do as a new investor and that would not highlight the correct content.

Please DM me and I will help guide you on what works best.   

If you’re working with a tax professional ask them to do a tax projection for you with one scenario assuming you sell all 5 today and the other assuming you only sold 2 today.With the tax projection you’ll now have a good estimate of what your tax situation will look like and can make decision based on that.Maybe you can consider selling your portfolio and doing an installment sale, this won’t help on the depreciation recapture but it would help spread the gain over multiple years.Each strategy has pros and cons, if you want to rip the bandaid off an be done cold turkey (or warm turkey if you’re into that) there most likely will be a large tax hit but less headache holding them longer.

The only rule that has changed in the last 18 months is the seasoning requirement, which is a lending name for waiting period, to be able to use an improved value to pull cash out has gone from 6 to 12 months.

Really excited for this--the passive investing community needs this resource to help them make sound investment decisions. 

So he’s more than happy to help me succeed.

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

I'm familiar with standard lease agreements but cant help but feel like I'll be leaving something out that pertains to students.