These were actually two homes that we built for my parents about a block from the new Expo line Metro train station in what is now called the HUB in Culver City.

These were actually two homes that we built for my parents about a block from the new Expo line Metro train station in what is now called the HUB in Culver City.

Looking to start up my own personal account and want to fill in my knowledge gaps on how to size up smaller properties, and acquire and manage them without the benefit of a whole parent company that can handle the legal/admin/etc tasks like I'm used to in my day job.  

Yes, my parents have been renting for 20 years and their landlord wants to keep them in the house (one side of the duplex) and sell it to me for a heavy discount. 

The CRD will not be treated as an eligible rollover distribution for purposes of withholding, so no withholding need apply to the distribution.However, the CRD amount may be repaid as a rollover into an eligible retirement plan (IRA, QP, 403(b) or governmental 457(b)) that can receive rollovers within 3 years, measured from the day after the CRD was received.

(I have great credit, no loans, and I have no trouble with making money)     2) Based on Bigger Pocket's term ill be house hacking meaning ill be living on one side and renting out the other half.          3) My parents say I can live at there house for the next two years till I buy the duplex, but I'm not sure if I can wait that long because I am ready to be on my own already.      4) On Bigger Pockets Podcast they are always saying to start as soon as you can but waiting 2 years is not starting right away.

@Michael Dang I've asked and am waiting on a response, I expect the answers to the first questions to revolve around the fact that this is a market driven by college student housing, and these are sold in groupings of fourplexes and so they are priced out of the "parents buying a property to let their kid live in" market.

I think maybe a co-sign with someone like my parents would be ideal... also any insight on Multi-Family homes in the Hampton Roads??

Time home with parents (for both the kids and the parents) will be plenty through the summer and in AZ, without a lot of cases, people may have more comparative mobility to do other things even if U of A remains online.

Hi folks, my wife and I are in talks with my parents about buying their house.