The whole point of these type of  deals is for someone who wants to live in the 3br 2ba luxurious duplex while amortizing a larger mortgage and owning land outright vs condo association while paying less out of pocket then the comparable sq ft condo costs after assessments, etc.That top unit duplex pro-forma we figured $2750 w free parking spot.

Assuming after all the fees and costs associated with the exchange, I still have to pay $25K out of pocket. 

That being said, I am also being warned to stay completely away from being involved in the transaction because any association with my own personal real estate (bought outside of conventional mortgages) is in violation of FINRA's rules.Has anyone run into this before or know anyone who has their licenses and still invests in real estate without using conventional mortgages?

Many of the condo associations have rental restrictions.I stay away from condos in general for a variety of reasons.Cash flow volatility, rehab/rental restrictions, special assessments, etc.

I am a Realtor and investor and I am hearing more and more from various associations and groups that I’m a part of that we will see a market correction within the next 24 months.

If you can’t find one, go to the California Association of Realtors website and they should be able to direct you.

Using the annual lease model would be my preference as it provides more stability, and I know that there may be extra taxes associated with short term rental properties.

I wonder if the TAA and other local apartment associations post data or do surveys?

Again in Florida it may be different (although having a Tampa agent come on would be a big help)I went ahead and looked up the rules for the MLS in Tampa and the following is listed:"Note 1: The multiple listing service shall not have a rule requiring the listing broker to disclose the amount of total negotiated commission in his listing contract, and the association multiple listing service shall not publish the total negotiated commission on a listing which has been submitted to the MLS by a participant.

Hey BP,Any recommendations people have for Philadelphia or Montgomery PA REI Associations that you have attended or heard good things about.