I wonder if we ever changed our mind if we could do a cash out refinance into some kind of low interest homeowners loan and use the extra to flip anyway...I don't like how you can only keep it for 5 years to get the capital gains savings though. 

The macroeconomics are really strong—population growth, job growth, and huge corporate expansions from Intel, Amazon, Google, Facebook, Honda, Microsoft, LG, and more.

Guests extend often and occasionally need to leave early based off job assignments.

Some states have limits on how much you can collect, so it is worth double-checking California law or consulting a local attorney to stay compliant.It sounds like you have done a great job keeping tenants long-term.

Mid term is a great strategy for first time landlords. 1) typically rents for 50-100% more than long term  2) less wear and tear on your property since furniture is not being moved in and out 3) low stress with great tenants since you are hosting business travelers and relocating families that stay 90 days on average which is only 4 flips a year. 4) can be easy to self manage alongside your sales job. 5) process is similar to long term with tenant screenings, leases and rent payments. 

My dilemma is that I live in a very expensive market, and it’s been tough to find a property that offers good value and allows for positive cash flow.Here’s where I could use your advice:Do I keep searching locally in my backyard (where my W2 job is, and where living in the property would allow me to use the VA loan for house hacking)?

My dilemma is that I live in a very expensive market, and it’s been tough to find a property that offers good value and allows for positive cash flow.Here’s where I could use your advice:Do I keep searching locally in my backyard (where my W2 job is, and where living in the property would allow me to use the VA loan for house hacking)?

I was wondering if anyone out there has interest in learning more about this potential opportunity.  

As you learn, focus on understanding what makes a market stable—things like job growth, population trends, and rent demand.

The property will be in his name, but he's wondering if transferring it to a revocable land trust, then having the trust lease out the property to his LLC would help him avoid personal liability (bank will not let him transfer directly to his LLC because of the due-on-sale clause).I suspect this wouldn't preclude personal liability since the property wouldn't be held directly by an LLC but would love to get an attorney's brief thoughts.OVERKILL.