Ryan's concern with the seasoning period before being able to cash out refi is a definite snag point.

I am also listening to the Bigger Pockets podcasts daily during every free period I have throughout my day while trying to learn as much as possible.

For the 10 year period spanning January 2015-2025, single-family prices in Austin rose 78%.I’m happy to report that I’m now sharing leasing stats in my monthly updates.

I'd say most people in my neighborhood rented for a period before moving in.

Is so watch out for trip hazzards: if they need government assistance in the future there’s a look back period where the government will want that money.

I saved up the cash over a 2yr period.

My parents live out of state and the purpose was to give them a place to stay for an extended period of time and we will Airbnb it when they aren’t here to pay for the property.  

Market changes, unanticipated renovation expenses and extended sale periods all can affect returns.

Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange. 

Also, if you plan to live there for a period of time, which makes your families life easiest?