House hacking can work with an FHA loan, as rental income from other units might help you qualify, but be sure to consult with a lender or mortgage broker to explore flexible options based on your unique situation.Good luck!

The executor of the estate also should have had some basis for that as well.Fair market value when your relative passe as @Jake Baker and @Cory Carlson said.

He told me about LLPAs and presented me with a lot of option related to them.

As of now, there are only about 1,150,000 existing homes for sale, far below the 1,390,000 we saw in September.So, what exactly is this “lock-in effect” everyone keeps talking about?

You will recognize it because you will know relative value.  

I'm not sure I have full confidence in this property management company.

It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.

Hey Nick, It is funny you responded to this thread.

This aligns with my interest in passive income.I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies.

I have been investing in the stock market for 5 years and I am now transitioning over to real estate after doing my research on real estate for the past two years.