But, for non-QM or DSCR products every different products make up there own rules and there 100's of them in the market place.

Also want to know if the father needs to be a US citizen or permanent resident, as my dad is from a different country but I'm a permanent resident in PA.

Came from a 17’ AMG C63 which I do miss but M cars are built different haha!

That agent said something completely different.

But each will work with different strategies. 

@Wai-Ming Lau in our area, licensed inspectors do not give estimates or complete repairs - it’s a different term in our contract for using contractors vs licensed home inspectors.

Even if you did a horrible, barely cash flowing property with the $155k, it'll still net the difference + some.Don't get caught up on the "I don't want to lose my rate".

I plan to move back to India soon and was wondering if at all it would be possible to remotely manage my properties from India (12 hour time difference makes real time communication a lot harder).

Question: If we move the house to a different location vs demolish how  would this affect the 1033 and capital gains tax.

Look into different asset classes and see which fits your risk level and goals.