Knowledge is all you need to make the right decisions in life.Get focused, work hard, adjust your life style accordingly and dig deep.

When you get back continue to use that as investment and if you want use the 1031 exchange to sell and purchase more investment property. 

Hey guys, ive been thinking about this a lot and if anyone has experience with parents handing down a house or taking over your parents' house mortgage please advise.Background: There are 5 people currently in this townhouse and my parents have paid close to half the value so far. ive graduated college debt free and have been working in my field for a year. ive been saving for a down-payment so i can move out into a multi family house and rent one side of it.my father and i had dinner and i threw the idea of taking over his payments so i can build up equity and he can get the house he really wants (ranch style with a pool).

Same or similar style.

I hope to set this up so that I can continue my investing by house hacking when I move to my new job location upon graduation and begin building my portfolio.If anyone could provide advice for finding good property managers that are far away from me and locations as well.

New Britain, Connecticut 3-family flip updateThe roof was completed last Friday (see pictures below)Painting continues on the 3rd floor apartment and common areas.

If your plan involves continuing in real estate investing and you wanted to sell so you could buy a better producing piece of investment real estate then the 1031 would accomplish the same thing. 

What do you have in mind for an investment style?

The plan is to buy a couple buy and hold single family homes that maximize cash flow and hopefully appreciate nicely over time, and continue to add to our portfolio over time. 

Most apartment owners don’t want to chase off renters by continually raising rents, he said, but their own costs were rising and many properties had years of deferred maintenance during the Great Recession.