This allows you to invest in another property while maintaining the asset.Alternatively, a 1031 exchange lets you defer capital gains taxes by reinvesting in higher-yielding or diversified properties. 1031 has limitations.

Especially in eastern PA where competition and inventory can be tough.If you have 80K, spending 60-65 max should be your limit.

Rates are usually 10%+ and they’re limited 70%ish LTV.

It would also open them to liability if they got something wrong.Syndications are tricky.

If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.

Most will have health needs (1 million will have cognitive impairment, 9 million will have mobility limitations and 3 million will have “high needs”) .

Primarily self limiting beliefs.One of my clients just closed on their first commercial deal and they only had one duplex before I started working with them. 

Licensing fees, CE classes, E&O insurance, general business liability insurance, sentrilock/suprakey fees, board association, etcc.

We're limited in what we can post in the BP forums and on our website because of regulations and NDA agreements.Continued success!

It's probably the best way to get started and learn what it's like to own properties while gaining equity and limiting your living expenses.