However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

And start from a position of strength rather than getting into a property right before you go back to finish up school and have no income for a year.

Ensure your mortgage lender is requesting documents upfront early in the closing period so there is no last minute suprises3.

It's no guarantee but it's a good place to start.

Most of the properties we acquire are with little to no money down (even $0 down!)

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I tried like 6 things at once and didn't do any of them well, took me a while to figure it out, and saying no early on will be a big help.

Find another PM... why just give up after one said no?

People are being bombarded with spam texts and calls all the time - no matter what these companies say IMO a ton of people are absolutely tired of these sorts of communications and going to start assuming/flagging anything like this as spam

My state is very fair to landlords, but there's no way to win this scenario.