Tax implications?

--- Does the property have 2 Tax ID numbers or just one?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Some people use their IRA to fund fix and flip's and keep the profit in them tax free. 

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

You are going to need to see their tax returns to see if they are telling the truth.And what is the interest rate that they are offering you?

We normally meet on the third Monday of the month but that will not be the case in April as that is the Tax filing deadline of April 15th..

.• Public Records & County Websites:Local county appraisal and tax records can be a goldmine for owner information.

I always like to look at several years worth of property taxes.

You can dig into cash flow projections, tax benefits, ROI calculations, etc.