I plan to short term it when I'm not living in it so I designed it with an additional vertical guest bed to the right of the living room and with extra dresser space in the bedroom in case of long term tenants.

So if every year I would buy an assumable rate property and live in it for a year then rent it out and repeat this.

Don't you love it when they paint over oil based with water based?

Take Home Pay:  Approx $105K/YearMoving to Colorado in the next 6-9 months Living with a friend for extreme discounted rate Own two homes, one in Colorado cash flows around $250 , one in Florida (property of topic) [Mortgage$3200 HOA $440]

I live in Vancouver, British Columbia, Canada, and have recently embarked on my journey as a real estate investor.I aim to build a solid foundation in real estate investing that allows me to achieve financial freedom.

You can find something that is livable, but you can upgrade over time while you live there.

In those cases, if the market goes down, you are willing to hold long enough for the market to rebound.My second piece of advice is to only buy properties that you would live in yourself.  

NC BP Team,Could use your advice. Doing some research in 2-3 states and wondering what are the best areas in your state to look at properties for purchase that would encompass most of these:-Ability to get a few acres...

I don’t live in the USA all the time (< 1 month last year), so coordinating non-trivial refurb may be awkward, not sure my old handymen etc are going to be available (or suitable) so perhaps something a little more turn key is suitable.

How did the water get into my basement?