It's almost like they tack on a few hundred dollars to the order and forget to charge sales tax

He’s only 55, he can enjoy his retirement, golf, etc for a few years and buy back in when he sees a good opportunity.

The goal is to slowly build a real estate portfolio and get to a point that I can eventually sale my business. 

The only reason to look into franchises that flip houses or do renovations pre-sale is because you have existing business that you could leverage on top of this to add more clientele.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

@Rachelle BertumenI live in the Lake Tahoe basin and there are still good opportunities in the area.

I have been working on creating more passive RE opportunities and have come across a unique equity financing structure.

I’d suggest negotiating the furniture into the sale and then slowly swapping pieces later as you personalize the space.

Before finalizing anything, I wanted to get a better understanding of how to evaluate different real estate opportunities and what challenges might be posed. 

I have opportunity to buy a small portfolio of performing commercial notes with LTV's less than 50%.