You also have the option of only owning the real estate or the business as well.I can’t think of a more fulfilling and pride of ownership opportunity in real estate than owning really incredible homes providing better care than big box facilities.

I like how even though you rent to the working class individual and they aren't $100K+ homes.  

I think this will work because this 16 unit will function more like 40 units with 40 individual renters.

However, it’s important to understand the loan’s key requirements:Owner-Occupancy: The borrower must live in one of the units as their primary residence for at least 12 months.Single Borrower: FHA loans are issued to individuals, not partnerships or entities, which means the loan would need to be in your name alone.Given your scenario, only you can qualify for the 203(k) loan since your partner does not intend to occupy the property.2.

Is this because you had a PM with insurance for this kind of thing or was this a clause in your individual building insurance policy?

(systolic pressure rising so won't get into that)And many less experienced individual investors in SFRs don't do as well as others and "well" means what could you have done otherwise.

However, the actual deadline would be April 15, 2025 my individual tax payer filing deadline per Rev.

Reach out to each individual syndicator that you like to discuss your questions.

My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.

Joining Bigger Pockets hoping to accelerate my learning process and meet like minded individuals.