They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

I suppose legally you could, if you fully disclosed the non arms length nature but, no lender in business, or wanting to stay in business would do it.At the end of the day, what you want, while it may make sense to you and your parents, just isn't a scenario that happens.  

I first got introduced to Tax Lien/Deed investing about 2 years ago, I've bought a couple books to further my knowledge and while they have been very insightful, I feel like I'm stuck at this one spot; getting started, or making that first investment.

A 1031 means staying in real estate.

Micheal for deep dive into staying safe in Detroit.Lastly Detroit like many other markets the prices and returns are directly correlated to the RISK of losing your money.. you go for the very highest returns your taking huge risks being out of country. 

One of my considerations is to further improve the value by taking a renovation loan, however I'm concerned because of the neighborhood values that investing more money into the home won't net me much profit whether I sell or rent.I feel a little stuck here and I don't want to fall to my limited knowledge, so I'm here reaching out for some guidance.Thank you in advance for any advice or support. 

If u have now some knowledge I would love to get in contact with thank u.

I have a good accountant that is knowledgeable and works with my out-of-state investors.

Your confidence and readiness to begin investing will grow as you gain more knowledge.Become knowledgeable about the Lake County real estate market.

Therefore, it wouldn't matter if a property is held by both of us personally, one of us personally, or by an LLC with both our names, as long as the properties stay on our married filing joint tax returns we will have no legal entity issue with a 1031.