Originally posted by @Marisa R.

@Magesh R.

So, I’m excited about entering R/E investing.

I essentially thought  as I said in that reply that isn't it a sold turn-key company's role to already do the B-R- and R?

2) It looks as though you plan to manage the property yourself; if not, your management fee of 2% is almost certainly much too low. 8-10% is a better rule of thumb. 3) It seems you've reversed your estimates for M&R and CapEx.

And it was his primary for 2 out of the 5 years prior to sale so he can still take the primary residence exclusion also. . this is where @Jonathan R McLaughlin makes a lot of sense. 

But for SFR there are investors lenders who have product that is a R/T 30 year amortization.

We live next door renting an outbuilding for cheap from family so no big urgency on our end to move in.The Question: The best win-win solution I have been able to come up with is some form of us (B) giving them a down payment, them transferring ownership to us so that I can get to work doing some of the (R) repairs while they continue to live there until their room opens up at the assisted living facility (This move out date is the BIG variable), once they move out then we'd do a quick finally clean up / spruce up then (R) refinance into a traditional mortgage and pay them out.

@Jacob R.

Hi @Michelle R.