Hoarding cash serves no purpose till you die and your children squander it away.

The reason that I’d start there is that it could lead you to your answer of duplex vs. 12-plex.There are more than a few markets where you couldn’t pay me to own a property...

Let me summerize my situation so its a little more clear (i may have burried the lead in my above post)The problem statement: His income is how they qualified (she had none)He wants to stay in the house and wants her to move outShe wants to stay in the house and wants him to stay (reconcile)Both parties want to stay in the house but one party wants the other to move out.From a legal perspective they are both on the lease so I cannot require one of them to move out and they need to come to an agreement between the two of themThanks again!

Hi BiggerPockets Nation,I am currently looking for my second buy and hold deal in the Hampton Roads, VA area and I am wondering if anyone has advice, leads, general information related to new construction in this area.

Out of curiosity if you've had success with apartments that lead to you having this extra $100k....why bother changing when you have a working recipe at this point? 

Additionally having $160K in dead equity you are going to be paying $2 for every $1 of cash flow which will defeat the purpose of owning a income property. 

That’s for emergency purposes or unforeseen circumstances.

You could not do a 1031 exchange on the land because it's intended purpose isn't income producing- it's for your primary residence. 

The FIRPTA Certification requires that if a selling party is a non-resident for purposes of U.S. income taxation, a portion of the sale is withheld.  

I collect probate leads for counties in North Carolina.