Experience is another thing - it shapes and challenges the knowledge you acquired and you always find yourself wanting of knowledge because each day is a new day with different challenges and demands as is each deal.

The seller is currently attempting to purchase another property but is facing challenges due to the inability to hold two FHA loans simultaneously.

Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.

Sounds like a challenging situation all around I would  not cancel the deal, but if he dies and it goes to the estate and probate you may want to start looking for something else just in case...Best of luck. ...

You can have replacement value insurance and this seems to be what Airbnb claims to provide yet sometimes getting them to pay is challenging.

She jumped into the BRRR method and found some unexpected challenges, but also some great successes.When I started out, I realized that having a solid network was more valuable than any textbook could teach me.

A big challenge given the value is getting financing - this is too small for most HMLs I know.

Technically as the manager of the LLC you can open an accout with any financial institution though they don’t all cooperate when it’s an IRA owned LLC. 

Not having experience qualifying prospects I would think that the leads you would get from here, if any, would be..... challenging. 

Isn't it unlikely that a homeowner who cant afford a 2-3k tax bill would even challenge this legally?