Buy and Rent Before Moving Down to TV?
We came very close to purchasing a designer home (Bridgeport model) in Mallory Square recently with the intent of hiring a property management company, renting it for a year or two, and then retiring to the house. We got "cold feet" as there are lots of things to do (closing, hire management company, buy furniture, furnishings, etc.,) and we decided to just wait until retiring even though purchase costs could go up in the next couple of years. Has anyone on this board had experience with buying in TV, renting it out from 1,000 miles away, and then moving in after a year or two? Positive/negative experiences?
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