We've defined an ARV based on fixed up comps.

Define struggling?  

However, who defines the value placed on what living in a tiny home can do for someone's financial stability? 

To qualify for the loan it says:Located in a low-income community, as defined in section 45D(e) of the Internal Revenue Code.

These all should be clearly defined and written down.

Step 1: Define exactly who this employee is.

That means only the first home purchase counts, the IRS doesn’t care what you do with the rest.If your profit, as defined in part 1 is less than $230k there’s no reason to do a 1031 because you’re going to be taxed on up to $230k anyway., plus the depreciation recapture. 

@Michael Dupree you have some good responses already but a couple of other things here just in case:Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

There are a lot of opportunities here for investing - even in our lowest inventory levels ever - but defining the opportunity and expectation is a better starting point than targeting a market to the zip code as an out-of-state investor.  

Which area gets you interested in real estate.Then define what kind of person you are.