best strategy: buy large house with adu, rent it outdone, live for free in bay area, checked.for income, forget all about one hundred dollar cash flow from real estate, go for thousand dollar cash flow from TSLY/NVDY/etc/etc LOLfor real estate, just flip when you had the best opportunity, sell it again in few months or two years for 100-300k profit.dont think cheap in bay area lol

There are costs associated with doing a HELOC.If you WILL be living in the property for the first year, get a 5% down, or less, FHA/Conventional/203(k) loan for the purchase and keep more of your money in your pocket for future purchases, repairs, etc...On the second property, use a private lender to fund the acquisition/repair costs if any, and refi out using a DSCR in 3-6 months.

He just purchased another condo that he will live out of that’s on the 16th floor with the view he wants.  

Is it possible to sell rental using 1031 exchange and buy new property for personal residence ,I had lived in previous property for 2 years and then rented it out for last 10 yrs.

q2: Is the capital gains rules on living together the last 5 years strict.

You have to live in the home to call it your homestead.

Do you think it’s a good place to live?

People who don't live down here couple these together but there is a lot of history and they have distinct names, so it's good to know the differences when investing down here. 

Does the state she lives in handle collections? 

Never let family live in your investments.