The nice thing about buying a house you live in, is you can generally change/sell houses every two years and not have to recognize the gains for tax purposes and you can roll it into the next one. 

reality is people normally hold property or live in a property no more than 7 years..So the 10 year threshold is tough.. plus that puts those that bought pre 08.. and so many of them either lost them or divested themselves from those homes.. we as K Marie has pointed out most are in a honeymoon with buying at the bottom in a all time buyers market and have not owned them long enough to get a base line.I have seen about 3 separate threads on this topic and nary a person could respond that they owned a out of state rental for over 10 years. 

Hello, My neighborhood is an up and coming neighborhood in the Norfolk City limits with many houses dating back 100 years, and 80% are pre-war.

*drum roll*500k for the lot of all 8!

I have been coming across a lot of subject to deal that I can get into for 6-10k (pre forclosure) all in and possibly cash flow 200-250 a month. 

No addendums needed, unless it's a pre 1978 building.

If you’ve ever watched surfers you can’t help notice how they roll with the waves.

1 - 3.625%, amort 15 years, no fees, no seasoning2 - 4.5%, amort 30 years, no fees, 6 month season3 - 4.5%, amort 15 years, no fees, 6 month season4 - 3.625%, amort 15 years, 2800 fees rolled in, 6 month season

@Kevin Ramirez Nieto Hand written sign works 10x better than pre made sign.

.- I immediately go to the courthouse and purchase 38 pages of the pre-foreclosures (have yet to send the letters)- I also have been shopping Craigslist in the local market and reaching out to sellers.The first seller that has responded to me has decided to sell b/c his partner, who was the "hands on guy" has moved to another state in PA for a better opportunity and has left him with the 8 properties.