We quickly put the house under contract and started looking for buyers.

It is intended to be a high level report to give hosts & investors insight into STR data for US markets and help with insight on how to set up your property to stand out versus your competition.  

it has seven offices that can be used as bedrooms if a person wanted to make it a Boarding house, a pad split, or something of that nature.

Hey @Jackson Grantham, you need to get a CPA to help set this up.

You bought a house for $100,000.

3) There may be personal use of the property which would mean that you or your partner may not get tax benefits for the share of the unit where you are living in.For a successful partnership, the total partnership should have Experience, Money, Time.What skill set are you bringing and what is your partner bringing?

AshleyNormal, however you have wide latitude in the actual agreement you agree to sign, how long, how much commission, that’s not to see individual agents have to agree to your terms, but if you feel uncomfortable with the terms you are free to negotiate or shop around, however an agent cannot legally show you a house without an signed agreement of some sort. 

That loan is for $309,000 and the house is under contract for $490000. 

@Sam Kay, I have never had to pressure test a house after water service is started, but I have replumbed more than a few houses, and pressure testing is a rough in inspection requirement (same with gas lines).  

I’m thinking of starting my 2nd 1031 as I move away from these cheaper/smaller houses.