Unclear who “middle class” is but it’s usually defined in the past as sub-$250k income.

You are better off budgeting money for maintenance and capital expenses and keeping a reserve in case issues arise faster than your budgeted money gets socked away from incoming rents.

Of course we love our income tax break in Washington and lean towards remaining in our primary residency to benefit from it but the constant driving back and forth is challenging.

We're looking to add something in this area as a 2nd home once we're a little older and closer to retirement and are looking to buy something that we can rent 90% of the time until the time comes to move down there on a more permanent basis.

They can lend you up to $250,000 towards a down payment if you are a first-time homebuyer, live or work in the county, and meet their income criteria, which I believe is up to 120% of the area's median income. 

Hi All,I currently have a W2 income and bought a STR.

If not, any lease to own lenders for income generating buy and hold deals?

At FlipSystem, most of our students start off by falling between those two categories: they want to be more than passive investors, but they do not have the knowledge or skillset to rely solely on real estate investing as their only source of income.

The 1031 may work, I may combine the sale of this property with the purchase of a retirement home that I rent out for a while before moving in. 

Looking for the following:- At least 80% LTV- Quick closing- Appraisal mix of income/residential approach- Take historical income from existing portfolio for newly finished homesThank you for any recommendations!