Sent you a DM as well. 

Generally it would be "capitalized", i.e. set up for slow depreciation which does not benefit you in a 1031 scenario.

I'm very motivated and I will definitely help your business boom as well as getting a very hard working loyal partner!!!

I started in NY and know CT pretty well. 

Hi All,Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? 

I personally am impressed by both Jack and Seth and I know the methods they teach work because several members of my group have had success with raw land investing using these methods as well as methods from the other programs available.

Depending on how well you set it up, you may be able to break even, or even positive cash flow.

@Wilson Pereira  I think it might be to his benefit if you set up more than one trust but what is the gain if most of your property is joint?  

It's an older home, and it's currently set up as a rental, which I think is part of the reason it's not selling.

I was looking at these areas as well as they were cheaper than buying in Rockville and also appeared to have some decent homes.If getting the ADU would be tough in general and renting by the unit in those areas would also be challenging I may need to rethink my strategy.I am doing this as a first time MD homebuyer and looking at my options to rent a portion of the home.