That means either you won't cash flow or your Return on Equity (ROE) will be terrible.Since this is your primary residence you'll be exempted from paying capital gains taxes when you sell.If you sell to your parents, it will be considered a non-arms length transaction and will get closer scrutiny.

Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.

Since you have lived in the property for two out of the previous five years you could take the first $500k of the gain tax free (as a married couple).

Definitely talk to your CPA and feel free to reach out for more insights.    

The agency, of course, is trying to maximize its resources, so would love to have you charge less rent.If your focus was primarily on gaining excess rent, keep in mind that there is a reason many landlords will not take vouchers. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Does anybody here have experience or insight on this subject?

I am looking for more info and insight. is it a scam?

Thanks Jaycee for your insight, it's appreciated.

Hey Wale Lawal, thank you for your insightful response!