This is where I spend most of my time. 

However, we (wife and two kids) own this 3rd deal and want to keep it as our permanent home.

With most auctions the buyer cannot get into the property and evaluate its condition.

I use Craigslist - the Rooms/Shared section.

There’s so much to learn in this space, and one of the best parts is exchanging ideas and experiences with fellow investors.Looking forward to seeing your insights and discussions here!

Quote from @Don Bessette: First, you need to realize this is a business relationship.

., you can actually refinance into a FHA 203k loan so if the house has a large amount of equity that is a great option.  

One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.

Let us know if you’d like to talk further about this.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.