This convenience and leverage can justify the higher cost of these loans.Personally, I prefer using a HELOC because I only have to apply once and can then tackle one or two projects at a time.

Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.

I can find that information very easily.Not all people in D.C. work for the government, or so I am told, so this applies to  *only* the specific sub-set of those who receive a W2 (not welfare) from the government for working in D.C.

For me once I've identified the target market/ideal guest, my rule of thumb is if enhances their stay/they'd pay extra for it splurge.

Asking in the correct forum will get a better response.Read the RULES!

This is where you generate cash and you can then invest it in RE - or something else.Most of the guru content was written a decade ago and it just does not apply the same way it did back then.

That was an applied master class. 

So he did a non allowable assumption to get around non owner occupied rules and it bit him in the ***.Karma....

I only did this because my criteria was so specific that it ruled out at least 95% of on-market properties in each city.

I would not categorically rule out a triplex and/or quad plex though...