2) Also, is it allowed for proceeds of both sales to be used as down payment towards 1 single asset?

Thinking of Freeport, niceville, crestview, etc.I like Freeport overall and naturally I’m looking at rentals rates vs the cost of townhomes and single family homes.

Each property's characteristics match the housing requirements of only a single tenant segment.

Single family homes or duplexes.

Long story short, I have a 3 bedroom 2 bath single family house in the Virgin Islands.  

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

Hello, we own and live in an 1150 SF single family on a 5200 sf lot with alley access in Encino.

I currently own a single family home in Victoria, BC as well. 

I even saw new single family Rental community near bixby downtown.

Jason - The reason I own a parcel is because my initial intent was to build a single family LTR and unfortunately I signed a build contract with a builder that I relied on a turnkey provider to vet.