As I go through my examples below know that I have a savings rate north of 50% on my W2 income which I invest into real estate to keep it growing. 

Quote from @Theresa Knower: Hi Andrew,In response to your questions:1) If this transaction is a related party transaction, then there are specific rules that must be followed. 

*Selling Expenses – Realtor commissions, closing costs, and staging expensesA good way to gauge the maximum investment in a property is the 70% Rule, which states investors should pay no more than 70% of the after-repair value (ARV) of the property — renovation costs included.

Pictures are great, but don't make them unrealistic or you will get "listing was not accurate" in your review.I was 50/50 Airbnb/VRBO, then Airbnb inquiries came like wildfire, like Airbnb knew that I was engaging with VRBO. 

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

I’ll be splitting the rent 50/50.

It might make the most sense to just sell your primary residence and use it as 40% to 50% down payment on your future home. 

Quote from @Red Smith: Sheriff Sales are conducted by counties, so each county will have its own individual rule set for how the auction is conducted.

My grandfather taught me to always value today because tomorrow is uncertain, I have since then i have lived strict by that rule.

Quote from @Henry Clark: I probably watched about 50-60 of the podcasts.