You use an FHA loan to buy a 3 or 4 family, you live there for a year, and you treat the property like a value add project.

live in Round Rock, TX (just north of Austin).

If you’re living for free or close to it, the numbers work.3.

@Clinton Springer , Since you have lived in the property for two out of the previous five years as your primary residence, you could take the first $250k ($500k if married) of the gain tax-free.

> (I don't live in New Hampshire; the property is being sold by a family friend.)

Quote from @Simone Montague-Jackson: Afternoon, I currently live in Austin, and although I don't have any legal issues, I would like to find someone in the city or nearby who offers affordable help for landlords and real estate investors. 

Who cleand the bathroom , the kitchen , whos tv is in the living room , does one play their music too loud ?

Lining up Hard money lenders and fine-tuning a Fix and flip financial model I feel 100% confident in.I have even submitted a handful of offers and was ultimately outbid.The house i live in now was meant to be a fix and flip but my wife and I felt we should just live in it.

Quote from @Andrew Steffens: I am from Atlantic County (EHT) but live in Tampa now and manage 50+ here.  

Those types of comparisons are what keep newbies from making moves that could change their lives forever.