They can get out of the house and avoid the foreclosure and the buyer can get a decent deal by taking control of a good loan at a lower rate than they can get at the moment.

So far I just know to check Bank Rate to see who is offering what at any given moment but I imagine there are resources beyond that -   Thx!

Agree to a lease that allows you to cancel the lease with minimal notice the moment anything goes wrong.Ask for references and contact themSide note: make sure you can actually get insurance to cover you under this scenario before agreeing to it.

It will take a while for this opportunity to fully unfold, as it's a bit clunky at the moment, but things could look a lot different in the platform space a year from now.If you own any Airbnb stock, this might be a good time to sell it. 

We also keep an eye on hourly wage growth, at the moment 5.1% in Wisconsin (yes, over inflation). 

Setting aside the potential for improved ROI for a moment, here's how the (over-simplified) numbers look to me personally.If I were to buy 50% outright, that would be 22k net income / 340k purchase = 6.5% CoC ROI.

Any advice is greatly appreciated :)Get to know one developer socially that you get along with well.Share your interest in the business.Seriously, meet for a coffee seems really (W2)....probably isn't the best thing.If you are (W2) your wage slave hours might conflict with the business hours of your intended teacher.But seriously, meet for a coffee with your carpenter, landscaper and close friends.I think the best way to learn is to hang out together as friends with a mutual interest, but if you are (W2)-ing all day...that leaves no hang out time.Go to a 2.5 hour lunch on a moments notice, hang out together in the office, go look at sites together....What is a finance professional--a lender, a CFO, an accountant, a spreadsheet guy running calcs, a statistician, etc???

It sounds like an ideal moment to either plow some more money into savings or seek private funding.Perhaps if you find a modest flip you can infuse cash into your system in a hurry and build your network at the same time?

However, if the property does not already have the permit, you will not be able to apply for a new one at the moment.  

I will avoid this $37,250 tax bill if I sell it now (I believe it's taxed at 15%).It was my intention to hold this property for a very long time (10+ years) as Austin was been appreciating nicely, and it's cash flowing at ~$750/mo.I don't plan to buy any additional properties at the moment.