AI developments are being referred to as more significant than the Industrial Revolution by very intelligent and established tech leaders.This IS going to change things drastically and probably much quicker than most realize.The question I have is this:AI will likely be the most extreme deflationary effect ever experienced by mankind.

OTOH: for someone who’s more established.

Competition creates a healthy financial environment and the US will do what it does well circle back around and create a back door and establish new vendors to buy/sell.

A few additional context that may make this a bit more complicated:- ideally the 1031 exchange that I do will then add my wife to the picture with the trust that we have established (however it's easier to do)- the property was previously used as our primary property, but is now a rental property for at least 4-5 years- an alternative is the sibling is open to gift annually up to the gift limit so that we own the property outright prior to the exchange, but that will take quite a few more yearsThank you!

I'm understanding that everyone's in agreement not to blur the lines when establishing your criteria for accepting or rejecting an application...

I know that it will never get to that point but I wanted to establish that verbally.Realistically, once I leave it's not like I'm going to be getting rent for that unit anyway so if he's late I won't really consider it the end of the world.Would love to hear people's honest thoughts.Thanks,

Is the land next to an establish road with utilities?

Now that you have proved things out and have a track record you should be establishing other sources for your loans.

Note, you don't "Take over" the mortgage typically, you just pay as the successor once you legitimately establish yourself as the successor (Will, Trust, Court Order).

There are programs that let you buy an investment home as an resident alien, or Foreign National.You can focus on a DSCR program but in most cases need to have a credit score established best to be above 720.