***If you had to sell the traditional route – Realtor*** List Price = $132,000Negotiating discount (4%) = - $5,280Realtor commission (6%) = - $7,920Closing cost (buyers request) (2%) = - $2,640Misc.

It needs a roof, electrical, and a few other small items and I don't think my traditional agent will bind coverage from what everyone is telling me.

There are short term lenders (2-10 year) where you could refinance without title seasoning requirements and pay off your cash in loan quickly, then refinance again for a better rate with a more traditional 30 year loan.

My credit is good and I have no debt, so I don't anticipate having any issues getting traditional financing. 

I think I would put her name on your primary lease. 

Yes the 30k was my primary seed money for a new place.

Similar properties nearby but yes, it's definitely not a traditional apartment.

Cash allows you to move quickly whereas traditionally financing can take up to 45 days. 

We've been looking out of state a lot as the market here in Utah is crazy but haven't pulled the trigger on anything yet.I recently heard of someone who has been extremely successful in their real estate career who built a new primary residence every 2 years which came with certain tax benefits and profit in an appreciating market.So I thought maybe instead of finding a rental property to buy we could build a new primary residence and rent out our current home which has appreciated about 60% in the 5 years we've owned it.

Thanks everyone I currently own a primary residence and do have about 10k I can invest to get started.