Thanks to a special IRS tax loophole, homeowners can exclude $250,000 to $500,000 of capital gains from the sale of a primary residence, so long as they have lived in the property for two out of the prior five years."

i am located in Peoria IL, i purchase remotely out of state and purchased 6 doors in the last year 

of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market  does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance. 

Being on the East coast makes those areas a little more accessible from the west coast its a long slog over there.

As long as I am within my inspection period I can pull out of the contract at anytime.

Having a good sanitation system, and a city that cares about having a clean environment would be a great start.Unfortunately, after contacting the city and local groups that claim to want to make the city a beautiful place do not want to help put up a public trashcan.My last resource is contacting SEPTA and asking them.

My partner and I are eager to embark on our first real estate venture by acquiring a long-term rental apartment in downtown Chicago.

Houston is a great spot for real estate (as long as you can avoid the flooding!)

There is a genuine housing shortage of all kinds on the coast, long term rentals included.

And figure out a place where someone could put a dresser at least one that's a tall boy type, although most renter type bedroom sets come with a long dresser with a mirror on top.