Navigating the zoning requirements, dealing with Maryland Historical Trust limitations on what can and can’t be done to the property, and the financial burden of renovating the property to meet these standards have left us trying to figure out the best strategy so the property doesn’t just sit unused.If we decide to sell, we anticipate pricing it at around $70-$80 per square foot, which is an incredible deal for a property of this nature.We’re reaching out to see if anyone here might know of potential buyers interested in this unique opportunity.

To jump right in, the approach you take depends on how much time you can dedicate to your first property.

However, this approach may require a compelling story or project to attract contributions.Some people opt for personal loans to cover the down payment, though this can come with high interest rates.Lastly, some private lenders may base your loan amount on the property's as-is value rather than the purchase price.

The IRS requires that the entity that completed the 1031 exchange (in this case, the LLC) remains the owner to avoid triggering capital gains taxes.One approach might be to hold the property in the LLC for a period (generally recommended at least a year) to demonstrate intent to hold it as an investment.

I have a few questions about your approach to finding houses for house hacking, especially those where you can also force appreciation through improvements.Firstly, what ratio of bedrooms and bathrooms do you typically look for?

When a vacancy comes up in a good apartment on SFO, operators often have literally hundreds of extremely well qualified applicants at incredible rates.

If you aren't comfortable with that approach, I recommend partnering with an experienced rehabber.4.

I think giving somebody 50% equity plus repaying the loan is incredibly steep when I would cover all additional expenses and construction expenses and give them equity in all future acquisitions that they put nothing into plus additional future real estate related business.  

You have found an incredible source of information on investing by visiting Bigger Pockets! 

My pleasure Sara,None with Drew.I don't like him that much lolJokes, I'm a fellow property manager and was fortunate enough to meet and speak with him about property management, etc...He created an incredible operation and I look to him for guidance with my own company.Thanks and much success