@Gavin Jex seems like they are trying to help you out, but exposing you to tax issues.As @Chris Seveney already pointed out, one of you will be taxed on the 0% interest loan as a "gift".The other issue is that you will get the property at $170k roughly, and then be exposed to capital gains of the difference between that amount and the market value.Highly recommend you speak with an Estate Planner for possible better options.

I saw two options but I don’t know how the neibourhoods are.

The Midwest but specifically Indianapolis would be a great potential option for you.

Hey Jon,There are optional registrations that people can acquire, but I'm unclear if I'm legally able to request them.

I am happy to help you but I have a lender that I use where clients pay $8k for a property and put 80k in it for $150k ARV so there are lots of options for value add. 

The ZenBusiness Premium package and the local attorney are the two options I'm most strongly considering, given that they offer the most comprehensive services.On one hand, ZenBusiness seems like a streamlined, cost-effective way to get things rolling, especially with the added features of the Premium package.

Hello Bigger Pockets Community,I'm currently in the process of considering purchasing my first primary home and I'm exploring the option of creative financing.

So many options here the home itself is not worth much but because the lot has a very low rent. less than 800. when all others in the park are going for 1200-1500. 

To clarify, if I turn my primary into a rental and buy a second primary, then I have the option of doing a section 121 on either property?

@Michael DonaldI have worked with a couple of property managers, in my experience, there are always pros and cons about each one, there are multiple options in Tulum.