To prepare I would get a good understanding of what each partner can contribute to the purchase (cash/sweat equity) as well as the division of labor.

An IDGT is a type of irrevocable trust that treats the grantor as the trust owner for income tax purposes (they pay the income taxes for the trust during their lifetime), but the assets contributed to the trust (a completed gift for tax purposes) are not included in the gross estate of the grantor at their death.

@Wendy JiangBe honest and say no as mold testing is typically only done when there are visual signs of mold and has never been any signs or complaints.There are many factors outside of mold that can contribute to breathing problems.I would offer that if you wish I can order a hygienist to come to teat for toxic mold - but if it’s found to be negative the costs for the testing would be at your expense.

This property holds a lot of sentimental value for me, and I’m excited to see it contributing to my investment portfolio.

And of course for me personally I have met many wonderful folks on the site and by being on BP it has contributed in a big way to our business success.

Balanced Market Dynamics: Corrections contribute to a more balanced market, where neither buyers nor sellers hold an overwhelming advantage, fostering a healthier real estate environment.4.

The cost of financing will contribute to these rates and help you learn what your costs can be and how much cash you may need to tie up.  

I've got nothing to contribute for STR advice, but I'm curious what town you're looking to buy in.

In terms of loans, due to high income, loans won't be an issue but since I already have a 40 hour a week job, it will put a restriction to how much I contribute in Real Estate.

We're doing this for two main reasons: 1) Prevent his dad from doing something like a reverse mortgage and 2) Minimize the amount of money we need to contribute to their care.