After working on the management side, I'm thrilled to take on new challenges in real estate and I'm eager to connect, learn, and grow within this field with everyone.I'd love to connect with other women in the Salt Lake/Utah/Weber/Davis county areas!

Managing real estate, and doing it well, is an entirely different story.I would keep your eyes open for a book that teaches you how to manage well.

But you could use the 1031 to buy the rental portion of the building and move in to another unit as your primary.

You came to the right place for information, Kemi! 

If the lender is licensed in the state you're buying in, then they can do the loan.

Most lenders are going to want to see a few big things from the ownership group. 1) The borrower will be the enitity (LLC, S-Corp, etc) and any owner with usually 20% or more of ownership in the entity will be expected to guaranty the loan, 2) We'll want to see some experience doing similar projects from at least one of the main owners, 3) We'll want to see bank statements showing liquidity enough to cover the intial cash injection (down payment), the closing cost, and some cash in reserve.

The activity is essentially no longer subject to the passive activity rules, so even if your modified AGI exceeds $150,000, you can take the suspended losses in year of sale.

Quote from @Chris Lo: Which platforms/websites do landlords use to find the rent rate, how long the rental properties have been on the market, and all the details about other rental properties?

 Hey Justin,I wont be able to make it today, but lets schedule a time to grab coffee.I believe we met at a Meetup at The Guesthouse a few months backShoot me a DMahhh dude you're totally right!

For a traditional Heloc at most small banks/CU's, the rate will be variable and will be WSJ Prime + a spread that represents the borrower's credit risk.