If accepted at $575,000 we'd have $125,000 for repair and renovation.Our end goal is wed have a renovated home with newly converted adu, live in the adu, rent the house and the rent estimate between 2500-3000 a month based on rent comps (most homes unrenovated pulling that much rent) in the area.

We meet the third Wed of each month, you can register and get a free guest pass at www.NCREIA.com.Hope to see you and connect in person!

We're having a meeting with Airbnb hosts this Wed, June 14th 6:30pm in Jacksonville.Here are the details:https://www.biggerpockets.com/...Hope this helps,Glen

I would like to buy it using the 1031 funds, and do a bed and breakfast in the house or just live in the house and convert the barn into a wedding venue, which would be an “investment property”.

When I think of a big barn, I automatically think of wedding venue.

Background: a couple years ago my brother had his wedding rehearsal dinner at a winery near my mom's house.

My first eviction was 2 months before my wedding.

I'm not wedded to student housing, just general long-term renters which may (or may not) include students.I know I asked a lot of questions here, but I appreciate the advice.

I'd also be worried about having to pay for that wedding in a year or 2 if I was you. 

How about Wed Sept 21 or 28?