My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in that StateIt rents out year one and she generates in state income and claims this on her taxes (lowest tax bracket)Freshman year she lives in dorms as mandated, she switches her drivers license and car insurance to that state year one.Sophomore through Senior year, she moves into one bedroom in the house, rents out the others to friends and still collects rental income and pays local state taxes, expenses, etc and has a place to live.She seeks in state tuition in year two after owning a house in state, collecting income and filing taxes with the state.Her tuition, room and board is being paid by her 529 account in her name, so technically she is "emancipated" from mom and dad.Has any one tried this to reduce the costs of being an out of state resident during college.  

Additionally, a new nustso law just passed that mandates that sellers of 3+ units MUST offer the property to these non profits FIRST before going on the open market (although these  offers can be rejected).

@Jeff B. and @Ryan Hopkins  Call me overly optimistic or naive, but I'm hopeful that the new state mandate will put local governments in check, at least somewhat.

With the retirement plan, you do not have the 120 day window mandated with a 1031 exchange in which to find a new home for that capital, because the gain from the initial sale is deferred automatically.

I get the other stuff its govmit mandated but to do it for a landlord.  ?

I quickly learned the new laws and mandates though and as a result accepted my first section 8 in December before the mandate started.

As many of you know, Assembly Bill 968 will take effect on July 1, 2024, mandating flippers of residential properties to disclose recent repairs and renovations if they sell within 18 months of acquisition.

Just a matter of what you resonate and see results with.Some brokerages might mandate office / farm hours, where you have to sit and answer general phone calls.And then there are paid ways to prospect.

My market mandates I have hot tubs just to be average.  

Of course this is only necessary to do in communist states like NY and CA which mandate section 8 consideration.