I will continue my research in order to find the right avenue suitable for my needs in order to enter RE.

On my second deal I convinced my father to cosign so that we could get the debt to income into a suitable range for the lender. 

I'm looking for good advice on finding the right home, condo or other suitable investment in a college town where my daughter can live and I rent/lease the rest.

Then leverage the purchase for greater returns with a suitable exit strategy.

Congrats on having the discipline to wait until a property that met your criteria came on the market, rather than being desperate and finding something less suitable.

In the initial set up process QB should give you the options to pick a suitable business model similar to yours, don't let that scare you off because they don't have a perfect fit, it will set up your chart of accounts based on that model and then you can tweak it whenever and however you wish.

You should also get recommendations for agents and investors in your area for suitable contractors who specialize in this loan program....not all do and you don't want to waste your time.

This company basically contacts landlords and, working on contingency, attempts to find a suitable renter for that home.

However, when suitable, the Reverse 1031 Exchange takes the majority of the risk in a 1031 Exchange out of the picture.Forward (regular) 1031 Exchanges mean that you sell (and trigger) your capital gain.

We are having trouble finding a tenant and at present I'm finding that we don't have the time/patience/resources to find a suitable tenant on our own.