Id say you need to talk to a CPA but why sell it at the same price you paid?

A few of the local agents are going to talk to us.

She also talks about the importance of frugality and that could help out as well.

If we are talking SFHs the top 3 cities nationally for returns ( flow+ equity) since 2009 are SJ, SF and LA, and since 2000 that is LA, SF and San Diego.

Talk with your lender in advance.

Id start by talking to someone at county planning.Good luck

There are so many from Cali and Canada and NY who talk about trying/wanting to build rental portfolios in Chicago because they read cap rates are great on the south side.Here is a Chicagoan wanting to go to Michigan for the same reason.I don't know what/who is telling all these people that the grass is greener somewhere else or that being an out of town landlord is easy, but.....it isn't.

In John Schaubs book " how to build wealth one house at a time" he talks a bit about lease options and so on but no where can I find what is protocol when going this route.

, go to Johnson H's meetups, and just talk shop with all of y'all! 

I could have been looking in the wrong place, but I like the idea of going and talking to someone in person anyway.