There is no distance requirement or certain number of days you must utilize the property for your personal use but it has to pass the smell test in underwriting. 

You might not have any capex expenses for a few years but you need to have reserves or be prepared to come out of pocket for unexpected capex items.

Looking for an accountant in Anne Arundel County(preferably) who can help me with tax preparation and planning. 

As I prepare to retire from the military within the next five years, I’m looking to find something that will ensure a smooth transition.

Then the testing, which is very difficult..... even if someone jumps through these hoops, then you've got the most difficult business in the world to operate.....

I’ve been burned by a bad inspector that didn’t open the electrical panel, flush toilets or test the HVAC.

My lender said that I may not be able to qualify for traditional conventional financing moving forward because of this and the 75% of rent test requirement for rental properties.

I may be overthinking things, but I’m preparing to do my first mailing and was wondering what type of paper is best/necessary for my letters.

I could probably write an entire book on screening tenants but at the very least creating a set of house rules that everyone agrees to is crucial.E -Expect and Embrace a High Turnover Rate – In this method of management, your largest competition is the big-name brand apartments, therefore you need to be prepared to do what they aren’t willing to do.

2) What would be some "best practices" to start getting into place now to prepare for transition our current place to a rental property?