And please.. let's not get into the topics of if bay area housing will ever cool down or if I should buy a house in bay area at all.

I have a functional fireplace that I never use, and I never want to live in a house without a mantle ever again because I have so much fun decorating it, and I love how it makes my living room look.

Hi Brett, Did you ever resolve this?

Moreover, If someone does engage in prohibited transactions, how would the IRS ever find out?

If it checks out, get it into contract and pay for a home inspection (and any other needed inspections) for good measure.There are more investor buyers than ever before, so the lowest hanging fruit needs work/renovation.

When you do decide to move again, for what ever reason, it will be easier to sell and better price. 1 Bed/1 Bath houses just dont have that much demand...maybe Allen, TX is different IDK. 

At some point we're going to get the answer to your question I suppose, because the so-called "sharing" economy is probably not going away, nor is the individual hustle; technology has made super-sized employers less powerful and more people than probably ever before have the opportunity to survive on side hustles and non-traditional work. 

Anyone ever purchased a home via a VA loan assumption?

Did you ever get a response to this question or figure out how to partner with Hedge Funds?

If you ever want to discuss investments in our area feel free to give me a ring.