A lot of times the different viewpoints lead to different questions to ask.In regards to your replies:1) I'm no legal expert, but it seems the sections of tax code you mentioned don't consider in-laws to be a personal relationship that would prohibit the transaction.

So you can bank the difference.

If possible, buy something different.

Surrounding yourself with like-minded individuals and continuously learning is one of the best ways to build a strong foundation in this space.I’d love to be a resource for you as you explore different strategies.

There will be different areas that are better or worse depending on whether you're in search of cash flow or appreciation. 

It's no different than investors buying and negotiating low prices on distressed opportunities.

Investors they are on a different time clock. 

From there every 20 point increment affect pricing differently.

Also, I've recently learned about these different REI tactics.

STR loophole works under different rules, and you can read more about it here:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...While REPS is clearly not recognized by CA, their conformity to the STR loophole rules is unclear.