Lori and you picked me up in the Tesla and we almost ran over a homeless guy in Oakland hahaha I had forgotten that part.. I

.* FHA loans require both parties to owner occupy for 1 year* A 203k loan is not a first time buyer program, you can own a home and still use the program as long as you live there* The loan must be made to a person, not an entity. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Hey @Derek Stevens, @John Underwood hit the nail on the head.The yurts are worthless for the most part. I

Because of this the supply is relatively low which means the ones that do exist tend to make good money, especially if you theme it toward bachelor/bachelorette parties.

Single night stays in a crowed city are a guarantee for a party.

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

In most instances when one person is putting up all capital, best to enter into a 3rd party GC relationships rather than become partners.

The important part is operating it properly. 

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.