We are situated right across the street from a major university.

You can only have one primary residence, which is generally where you spend the majority of your time.

Putting that money in your pocket without capital gains is the major consideration for me.

I’m actually kind of surprised it isn’t talked about that often.I’m looking more into investing OOS so this would be a MAJOR issue if it ever came up.Is there any simple way to find out about an HOA’s policy against renters if you’re not even in the area?  

Towns near Major Airports, Schools, low crime rate, decent population growth and decent amenities in the area.  

| Taxhub (gettaxhub.com)"Although the most accurate answer for the classification of a rental property sale would be “it depends,” the vast majority of the people will have a capital gain or loss on their hands.

If the park is in a major MSA with cap rates in that range, the deal may not be that far off.   

Scout places for rent not by a major PM company and inquire about a purchase. 

The liability isn't a major issue if you have the right set up and insurance.I own homes that I lease to operators of Residential Assisted Living businesses.Take a deep breath, you'll be fine if you follow what I share with you here.The RAL business, your tenant, should have professional business liability insurance.  

To my knowledge, I’m the only apartment investor with a major portfolio of properties and who has ever completed an Ironman triathlon, so I’m in a unique position to tell you the following:Apartment investing is way easier!