Insurance and Legal Considerations: Update or purchase landlord insurance to protect your property and investment.

The trustee will assess whether the sale aligns with the debtor's financial goals and the terms of the repayment plan.Equity Consideration: If the sale generates capital gains, the amount of equity gained from the sale might impact the Chapter 13 plan.

My advice in this type of question is to consult with a real estate professional or financial advisor can also help you make informed choices about investing in that particular area.

so... what if you :-ignored the headlines-were an individual in a strong financial position-bought an STR in a place you believed in and liked to visit, and-were willing to put in some time, effort and funds over 1 or 3 or 5 years?

*This is not financial advice.

Just make sure if you want to grow, you are doing it in a way that makes sense financially. 

I use Joseph Andrews with New Penn Financial.

My question is, when you find something like this, and you don't have the funding ability(I work at a school and have TRS not a 401k, so I cannot take a loan out against it, nor do I have 20% down, but I have about 60k in equity in my home, but the lenders I have talked to will not do a HELOC in my state, point is I can flip, but not buy and hold with my own financing) and you need a partner on the deal, how do you protect yourself from telling them about the property and them just taking it?  

I would spend summers working at job sites so the construction aspect is not foreign to me.I am also a trained CFP, certified financial planner, so the numbers aspect is not confusing.I suppose the main challenge I have is actually buying a house.

Like Emily said, a number of shocking facts (or not so shocking to many landlords) have come out in the press recently on how few Americans can come up with a thousand or even four hundred dollar in an emergency....A FINRA study on The Financial Fragility of Renters was just one (with lots of stats).So no downpayment is a big one, as is credit score, and even with those who have resources, they  may want the flexibility to move or freedom from extra work or costs of maintaining and repairing the home.Even items like student loan debt or fear about the economy hold others back (still some out there who feel the sting of the housing bust).