Ive seen this work well, as its not exactly clearly defined how long the IRS wants the holding period.

Once it's 40+ units on a site ya really gotta have the on-site components.

I define true demand not as mortgage applications but qualified buyers.

Jimmy, define "decent".

But generate a nice windfall that is has a large tax-free component.1.

Expertise in property management goes far beyond finding a tenant and managing repairs, and includes well defined processes for managing these things (which you mentioned she is lacking).As far as finding a great property management company, Keyrenter Denver is great, although I'm not sure they manage in your area.

There are several components to keep in mind, none are too complicated.Provide a Purchase Option and a Lease Agreement as separate documents, if they dont pay rent, you can just show the lease agreement to the courts (without showing the Purchase Option and complicating the eviction).

The Cheshire Cat: “That depends a good deal on where you want to get to.”Alice: “I don't much care where.”The Cheshire Cat: “Then it doesn't much matter which way you go.”The key is to define your end goal and work backward from there.

The loan often has two components: (1) purchase and (2) renovation where the latter is usually funded through reimbursement.As an FYI, lenders usually require the property be non-owner occupied.

Now this is how I define them.