Perhaps you could also purchase a duplex, for example, and use personal funds for the portion that you can live in and 1031 funds for the investment portion.

She has a ton of units in Des Moines and still lives in the area so may be able to give you some advice on what might work there and what won't.

I have great tenants, because I refuse to buy a property I wouldn’t be willing to live in myself.

Hi Randee: Due diligence is important at every stage of the transaction.

I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units. 

I informed them that their contract states they are expected to pay up until the end of the agreement regardless of living their or not. 

Hi Colin, I live and invest in St.

In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.

Appreciate you taking the time to outline these thoughts.I have not spoken to local lenders or contractors yet, as I'm still in the preliminary stages of evaluating the opportunity from a numbers perspective. 

Brad's group is based in Dallas, but his students live in and are buying in many states, including Arizona, so if you think you might benefit from such a program, don't rule it out based on your location alone.