It’s important to be more conservative, especially when starting out, to ensure you’re building a solid foundation for for long term success. 

Ensure the state provides a clear title upon sale.

It also confirms the amount of security deposit and the lease ending date.

If you go that route, ensure to use a Qualified Intermediary to handle the sale/purchase otherwise there will be no 1031 exchange. 

You are not a borrower, you are not liable for the debt, you may need to sign the security instrument to allow the mortgage to be recorded, but this does not change the above statements.

Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.

This approach ensures that we have the ability to appropriately maintain a community, ensuring its long-term viability.

Since these accounts are in the business name, they don’t affect DTI, making it easier to secure additional funding.How fast you're looking to scale will determine the best approach—some investors go the business credit card stacking route for quick access to $150K+, while others secure business lines of credit for more flexibility.

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

Ensure the buyer provides a non-refundable earnest deposit.3.