My husband and I, who live in CA,  are deciding on buying an investment property but we are also taking into consideration my mother, who we currently help with rent down in Lake Nona.

We have a property we very much want to buy where the low utility/property tax bills would allow us to be able to thrive living in with our limited income, so we are hoping to sell immediately.

My engineer did briefly mention to me this was a risk but felt comfortable defending our position based on our compliance with AASHTO and we never discussed again.

I live in Las Vegas and now that I am in a position to buy, I have been looking at properties on Zillow.

With properties, you can live in them for 2 of the past 5 years and waive a massive amount of capital gains taxes on the sale via Section 121. 

Just use the debt wisely and you'll be fine. 7% is high but if you get the right property that still makes money (or that you enjoy living in), you can always refinance. 

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Your living on a hope and a prayer. 

Maintenance: I set up a group text message with me and all the kids living in the unit and tell them to direct maintenance requests to that chat.

Background:My wife and I current live just East of Dallas in a single-family home (past 2 years).