I invest in New Orleans because I live here.

(I had just presumed - perhaps wrongly - that much larger buildings (say 12, 20 or more units already have a live-in super or some other arrangement in place...)

Great convo guys....maybe worthy of a facebook live discussion.

Most Californians will just use living revocable trusts for holding assets to avoid probate and allow for proper estate planning, and then achieve liability protection through other means such as LLCs, insurance, etc. 

We live & invest in the in Olde & East Kensington / Fishtown area mostly. 

rentperp's live chat is pretty quick.   

Do students live ther? 

I’m currently 19 living in Denver with my parents.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

I would probably keep the other house regardless of what I do because of the low interest rate.I am now wondering if I should hire a Qualified Intermediary (my realtor calls this an "Accomodater") so I have the option to buy a one level rental, stay where I am at, and if in the future I am unable to live in the two level home I am currently living in (our second home that is my primary residence), convert the rental to a primary residence.