Looking for other ideas, and structures that would help achieve a successful partnership.Thanks DougThat's actually a lot going on.What I think you are proposing is to have your in-laws sell their existing house, buy a new smaller house with their money, sell the house to you as the landlord and they rent from you.

Or buying it as a primary and then renting it out as an LTR or STR. 

I built this one 7 new st.. which build cost was probably 40 to 50% higher for the sq ft because of what we had to buy to meet the BAR ( architectural review for those that are not familiar)  I also built about 20 in North Charleston a before it sky rocketed.. my building partner is now working hanihan. which is the next one to go. 

I currently own my primary residence and recently decided to buy a piece of raw land where my father’s construction company is, and with his help,  build a single family home on it which will become a long term rental when completed. 

Will I just have to wait every 6 months to buy a new property or am I missing something?

How is Jacksonville FL to buy rental property in St Augustine?

Buying a SFH we will move into & Househack.

I know BP has books on multifamily investing , but I wasn't sure if it was specific to syndications or buying properties on your own. 

Investment Info:Mobile home buy & hold investment.

Darian, when you meet him, you already will know what you are buying from the pictures he showed you and price you agreed on.