So the "living in place" or however it is called phrase for seniors staying in their primary residences . . . they really just don't want the extra sq footage to, simply, worry about.

I just looked up my old residence, and the tax rate is about 1.25% of the assessed value.

It was finally nice to find someone that was going to treat this as an investment and not a primary residence purchase, besides an HML.

I currently own a rental unit near longwood medical.The doctors and residence make great long-term tenants ;pI also was able to do a flip near coolidge corner.Hope that helps.

., resident on this site.Raymond

We plan to vacay and scout out the area for our own future rental property.I would think a good property management is key too, if it's a few hours away.Or at least an infrastructure to "clean"/ inspect between visits.I have seen many different contracts. some just a page, some a novel.I have seen relaxed landlording based on the honor system.I have seen strict landlording with RULES and REGULATIONS.I have been in homes, where stuff broke and they were able to fix it right away...that is my biggest issue b/c this lake is 2+ hours awayOne vacay home had a local residence to help monitor their guests (us)

Hey there Ben, congrats on your personal residence turning out so well.I personally would say that I don't think metro areas of CA are good buy and hold markets from a CF perspective.

I learned a few things that non-US resident can do who wants to invest but lack funding and also avoid U.S.

Rent is typically 900-1000 for 2 bedroomI will live in one bedroom as my primary residence and rent out the other bedroom.I will be financing 1/2 of the deal from a LOC with a 11% interest rate and the rest cash from savingsI will then refinance with a home equity loan.I am not applying for a traditional mortgage because i do not qualify.

My wife and I are waiting for our new construction condo to be finished. We bought when there was nothing in the neighborhood. So our base price was 210k and we put about 30k worth of options in it. Condo prices now a...