They signed a lease, but I didn't, and I've lived in my residence for 9 years.

The property includes lot A with the residence on it, and a portion of separately deeded lot B.

I'm in the process of forming an LLC / Selling my personal residents / buying my 2nd quadplex, which I plan on living in one unit and renting the other 3.I will have many questions and hope to learn tons of new information.

. :-)I'm really enjoying BP and hope to start participating in the forums now that I've created an account.I'm a "professional" amateur, meaning I've been doing just a little real estate on the side since 1990, sometimes for flips, sometimes for short-to-mid-term rentals, always with an eye on appreciation in my own residence as well.

Would look more closely at Ohio and Indiana.Atlanta, Chicago and Florida is on my final list.would appreciate more inputs from residents of those states mentioned.Thanks

We then sent out letters to the residents informing them of the change and who to make the rental checks payable too and how to pay their rent.

Before I bought my first house (primary residence), I knew next to nothing about renovations and improvements.

This is ok to maintain history as long as you originally set up the LLC right by not using your home address or yourself as the resident agent.

How can anyone tell you if you can / can't sell your primary residence?

I would also be interested in purchasing other investment properties but starting with the homestead would be a good start.I have found some great programs for resident physicians who have secured residency positions but I am about 7 months away from being in this position.