I am interested in purchasing a rental property in the Houston, TX area.

They are interested in turning the primary residence into a rental property for a couple of years and then performing a 1031 exchange.

It would be rental property to my parents and I would pay a 60% market rental rate and I would also pay the loan.

It depends where your rental is, In my area it is very accurate.

It takes alot to build up enough of a presence online via a DB site, so it works great to market to guests who have already stayed.

I was gifted a lot in Palm Coast and want to build a single family  rental home. 

Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.I have a few questions:1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?

Over the last 2 years that I've managed a short-term rental in northern San Antonio, I have experienced many small contractors that get so easily triggered, offended, and upset at me and my wife. 

However, I don't have any skin in the game for mountain vacation rentals.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $585,000

Cash invested: $300,000

10 bedrooms and 7 Bath, 1947 built. Purchased and fully rehab entire house under 6...