The business already has risks without covid, no evictions and no freeloaders; all of which are prevalent today.

A realtor committed fraud and you suggest the OP not do anything about it. 

That’s why I’m wondering if I am missing something.Sure you don’t want to commit mortgage fraud and say it’s your primary residence when it’s really not.  

I saw your comments on Aaron’s post about realtors becoming task rabbits and was really impressed with your straight answer and commitment to quality work, as well as active blogging.

My goal while most of my money is committed to this project is to wholesale some to make some money, learn more about my market, have a lead gen source that I can use to cherry-pick the best deals and keep myself busy before my next project.Personally, I wouldn't want an OOS rental so if I were actually in your shoes I'd sell it as a turnkey rental and use the money to find a market near your family/current location.Don't worry about timing the market unless you're buying turnkey.

I feel laws similar to this are going to be more prevalent in the future with the goal of lowering the financial barrier to housing and it will work in that front as you won't have to come up with as much up front to move which makes it easier financially. 

Just two: Ley de Extincion de Dominio = the government can take your property at any time if they feel that your tenant is committing crimes such as money laundering, dealing drugs, and around 65 other "reasons" without a trial!

Understand that this is a long-term, significant commitment. 

Good money if you commit to it as a job.  

@BJ Marshall1 took a year after committing to do it, 2 took about another year. 3, then 4 the year after.