Future Rental House

When demolition begins on our new home, we are going to need someplace to live for the year plus it will take to build the new one. Last night, Jeanine and I decided it would make more sense to buy a second home rather than waste money on rent. When the new construction is completed and we move back, we will use the second house as a rental property. This morning we found a 3-bedroom, 2000 sqft home that is less than a mile and a half away that ticked all the boxes. After touring the home, I did a quick but thorough inspection and presented an offer on the spot. It was accepted a few hours later and we are scheduled to close before the end of the month.