We want to do this transaction so we can upgrade our living space, have another rental (our existing house), and eventually rent out the new house (his house) after we grow out of it.

It is a 5/1 arm though

The more people you meet the more you'll recognize the ones doing what you'd like to do and you can start learning to how to provide value to them / find them deals maybe.It's a tough market and unless you are providing value to an investor it's not going to be as easy as finding someone to shadow, i don't think.

Most likely I’ll do the 1033-well see.

And is it a deal breaker if it doesn't cash flow normally?

How much value do think the SFR is adding to the 550k value? 

I have some 2 bedrooms doing $70-80k/yr in revenue, some 4 bedrooms with pools doing $130-160k, as well as a 7 bedroom that cranks out $300k/yr. 

We do them here in Phoenix market.

im not a big player there but I do own a rental on longboat key. 

It's the only dataset I've used since 2019.