In the end, it may be the same amount of money or more, but it will just have to be structured differently as you navigate the shifting market.Northwest Valley would be a good option. 

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

A lot of stuff I handled myself.

Sounds like a cool opportunity and it also sounds like a lot of folks have some good ideas/approaches.

Your son is likely paying more than the property is worth, by definition, as the seller would almost certainly prefer a similar offer that was not subject to. 

What has a lot of folks spooked is that simply doing a 1031 exchange is an attempt to avoid tax. 

.: Since you're in Wyoming isn't setting up a Wyoming Trust a lot easier than for us out of state people? 

I know there's a lot of details missing to actually give an accurate answer.

Hey everyone, I just finished developing a detailed guide on how to read and dispute appraisal reports effectively, and honestly, I’m amazed at how often small errors can significantly undervalue a property.

@Damini Dutta I would definitely put some time and effort into finding out more about this company.