Except the income requirements for section 8 include only the portion of rent they are responsible for.

Hey everyone,I was looking for information on buying a commercial property, I don’t know much about them and was hopefully looking to connect with other investors or anyone that would be willing to assist.

Allstate quoted me $3600 for a replacement value of 380k, for a property that will likely close at 50k!

Quote from @Robin Cornacchio: Can you use a 1031 exchange on a SDIRA owned investment property? 

The only exception are parents, relatives and close friends (i.e. angel investors).Best bet is to build some experience by house hacking (FHA loans allow for buying up to a fourplex, as long as you live there, with only 3.5% down). 

Running an Airbnb on the same property as your primary residence, is much different than a separate property.

My wife and I are looking to purchase an investment property out of state.

These two loan types are among the few exceptions that permit closing directly in the name of an LLC.Most of my clients initially take title in their own name, then later transfer the property into an LLC or land trust for asset protection or tax benefits.

Learn how to analyze the market the property is in. 

If this is a good friend, tell him to find a reputable property management company and you can just be the eyes and hears on the property.