We need:1️⃣ Guidance on purchasing real estate as a group.2️⃣ Expertise in establishing housing co-ops.If you’re a real estate, legal, or co-op professional—or know someone who is—please let us know.

You do have to purchase at least as much real estate as your net sale if you want to defer all tax.TICS are generally cash deals. 

As long as you purchase at least as much as your net sale. 

With the exception of 1 bedroom units, you basically have 2 options:-Oversized/commercial machines (potentially multiple sets)-Off site cleaning with clean spares on siteThe latter is almost always the most efficient and basically what hotels do at scale.

Did you purchase this property all cash? 

Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to comeHey @Jeffrey Eschbach, welcome to the BP Forum!

If your mother does not want to carry the note long term, there are GSE renovation loans that can be used for both purchase, rehab, and permanent financing all in one loan.

I have purchased many properties without a tenant in place.

You can use that equity to scale whether you rent it or not. 

Quote from @Laurens Van swol: We are exploring the possibility of purchasing an investment property in Florida.