We currently own our primary residence in Nevada, a vacation property in California and a SFR rental in Seattle.With our limited experience thus far, we are considering out of state properties in the $1-200K range.How long does it take before one could justifiably be considered a pro in the eyes of the tax man?

Then you could ask them directly if being tenanted affects their willingness to buy, and whether they expect a discount (or are prepared to pay a premium) to inherit tenants.You would then be in a better position to adjust your own Offer price accordingly.

Eric Armstrong is this is your primary home?

Good Evening,I am wondering please, if I will have any trouble in Purchasing a Property listed on the HUD website as my Primary as my Primary Residence, IF the Property shows that it is " Insured " ?

I can definitely help you explore the option of using your primary residence as collateral even if you don't own it free and clear.

Currently, I am not working full-time, however, I was just offered a position with a company out of state and am deciding whether or not I want to take the position.

I think the NYC metro area is great for BRRRR, but watch out for the high property taxes - can make positive cash flow difficult in some areas.

But primary markets are a different beast. 

Hi Rafael, I know that @Ray Peslar does a great job on his own reno's and may be willing to GC, but I am not positive he is set up.

I guess I am just a long term debt adverse guy myself.. been there done that when banks called my LOC's it was butt ugly and very painful.. retirement what retirement back to work Jay... and get on BP and network instead of golfing everyday and flying and fishing..