The exemption is for tax purposes/discounts, not the legal definition of homestead. 

The market wasn’t as strong as it had been when we first agreed to terms, and he needed the discount to make it work.Now, I know my market.

These things hold their value amazingly well.If I had to guess, if you bought it for 40k and only used 9 or 10 times, the hours on the machine would be so low you could probably resell it for 35k or better (given that their retail value would go up over three years so the discount from say 48k to 40k might even mean you break even)..

For furniture, thinkwhat maybe you have had in the past that you have had a while and maybe try tofind that at a discount.

Mainly buying up LTR'S for cash at a deep discount. 

I know it is alot, but I thought with a open schedule and possible ability to get this property at a discounted price it could bring in some return as I would have an easy tenant and location is perfect. 

@Dennis SmithWe know of 4 major and consistent content-producers in this space:Al Williamson - Offers a course, ongoing coaching, monthly group meetings, been a landlord a long time, we took his course in 2020 at a discounted rate--our view it was worth every penny; Based in Northern CA Jesse Vasquez - Great YouTube content, unique takes, often wears his hat on backwards during his videos; Based in CAKellie Michelle - Great YouTube content, clear and concise, Based in smaller midwest cityErin Spradin - Wrote a book, good YouTube content, Unsure where she is basedMy sense is that Al has been at it the longest, but they all seem good to me, though we've only taken Al's course.

I bought on a discount to gain equity day one.

The key to investing is you have to buy the property at a discount.

There were very few discounted properties to be had and the returns were horrible.