RE investors do this type of structure all the time (though most don't house hack).

The type of due diligence all investors would like to do if they had the knowledge, the time and other resources.

I see Xplorie is popular but they require a minimum of 10 properties for a partnership.

This works well if it's an MTR or STR type situation and you are in control of the lock.

I will caution you that if they pull something like this and you immediately start offering any concessions as is repeatedly addressed above - this type of personality will make note of that and the threats will be ongoing for the duration of their tenancy.

Purchase price: $90,000 Cash invested: $15,000 What made you interested in investing in this type of deal?

There are several different kinds of exchanges with different rules and timelines, not just one type.

@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.

We do those types of loans.

Sometimes the tenants are coming from shelters or other communal type of housing where maintaining a space my not be solely there responsibility so maintaining the unit may not be to your liking.