After 5 years in the business I’m starting to get a few word of mouth referrals which is how I closed my last property which was my first off market deal.

Did you guys close and everything go smooth?

We are hoping to close in the next two weeks on a property that we know will *maybe* break even and more likely lose about $2K in the first year, but we're okay with that because we're getting something that we absolutely love and hope to enjoy for years to come.

Also never pay any upfront fees and go with a trusted lender who closes through a title company. 

@Aaron Zimmerman I’ve house hacked for close to 30 years.

The IRS may scrutinize such transactions, especially if the "swap and drop" occurs too close in time.If the partnership has to be dissolved immediately it will be tough to sell the one property and defer taxes individually. 

Many offices have showers and gyms but if not you'd better have one close by!

I'd find a sweet deal close it and see if you can get another one after that. 

Very close to two college campuses and downtown. 

Once you pay realtor fees, closing costs, sellers want 10k for points and concessions.