It is important to consult with a tax professional or attorney specializing in 1031 exchanges to ensure that your friend's specific situation and intentions comply with IRS regulations.

I guess even though the numbers dont make sense I want to give my kids a place to live when I am gone and a rental a piece as they get nothing until there 30 from my parents trust if, I am gone It might mean putting my private residence up for grabs to get deal done or just invest somewhere else and she told me to write a business plan as to what I want to do she said she will get a financial planner and go over my business plan. 

I wanted to show them what it could potentially cost to clean or make repairs if we have to hire a professional, hoping it would encourage them to do the work themselves.

If you have a pure private lender that is local or one that operates as a real PML or private money lender you will and can avoid these pesky credit min scores, credit history, or other requirements that the institionalized HML/PML sources require you to have.The rate/points may be higher but such is life.

Construction loan originally at $110,000 and a Heloc after basic completion Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Educate yourself and team up with a professional.

As long as it's not a slum (which it's not) and live with other professionals this is an acceptable situation for plenty of travelling nurses.

Comparatively, trailing 12-month sales volume peaked in the second quarter of 2022 at $140 billion, but has since fallen close to 60% from the recent highs.This slowdown highlights the lingering impacts of rising interest rates and the commensurate uncertainty around asset pricing as rent growth has begun to decelerate.However, private capital remains at the forefront of buying activity, fueled by a steady tide of fresh entrants to the sector and existing operators' efforts to beef up their portfolios.

These are professionals with additional training and a stricter code of ethics.

I own MTR's in a San Antonio medical center and I can give you this advise: Traveling nurses/professionals are looking for small accommodations (lower price point), they are concerned with safety, as they are usually women traveling alone, well-lit walkways by their parking spot, private entrances/bath/laundry.