Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.Thanks!

Don't underestimate how much money you could spend when you're trying to get an airbnb ready. making it unique is very important, and it's very easy to overspend!

Quote from @Mike Levene: Hi @Chris RojasI started exactly the same way (with a triplex not a duplex but not important). 

This deal was referred to me by a good friend, which means having a great network of like minded people is extremely important.

I see the importance of having a team to help you out, but I don't understand the portion about paying back the loan, how much I should have before investing, if there are anything different if I will be investing from another country as a citizen etc.

I don't personally care about checks anymore so that wasn't an important feature for me. 

That's a $268,000 gain per property, or, a total equity gain of $536,000 (which is higher than the CA property's equity gain of $296,000).This is a theoretical example using gross approximations, but hopefully it displays the point that percent-growth is still more important than total value growth.And you're also right about it being a coincidence that certain states are blue and experience high appreciation.

Ask them:"What’s most important to you in this sale?""

So $160K valued property needing $30K in repair with a $15K assignment fee, I have to buy the property around $75k.It is also important to know what your lenders seasoning requirements are as well as their LTV and DSCR.  

Congrats on submitting that offer and perusing Senior living, either for you or your client.I have been involved in the purchasing process for several senior living facilities, and work closely with a few people who operate RCFE, sober living, and similar types of properties.From what I have learned, the most important thing to keep in mind when purchasing RCFE properties, is that you are also purchasing a business.