I received my real estate license in 2004 and have worked in real estate & property management for the past 15 years.

@AnnMarie BacchusIt depends on what you expect to receive from this professional relationship and on what your business plan is.

Hi Michael - I live in North Myrtle Beach now in an area called Barefoot Resort.  25 years ago, one individual, who happened to own a small, 7 shop strip mall on the beach-side of the intercoastal waterway known as Barefoot Shoppes, crossed the waterway to acquire 2600 acres of, well, nothing.He brought in Dye, Norman, Fazio, and Love to build four golf courses, and we now have 4000 residences between single-family homes, typical 3-level multi-family, and three towers overlooking the waterway.  

Those are typically homeowners.If you're already losing money with just PITA, you'll be down significantly when you include maintenance, turnover, recurring capex and vacancy.

We are both inheriting a 12 unit apartment building and each of us is receiving an additional separate property, one is a single family home and the other is a duplex.

This will allow you give a reference point on how much potential rent you can receive.

This may be due to a misunderstanding of existing options.FHA loans: Require a 3.5% down payment for investment properties with multiple units, but you must live in one unit.VA loans: Offer 0% down for veterans, but again, occupancy in one unit is mandatory.While some private lenders might offer lower down payments around 15-20%, they typically come with stricter requirements and higher interest rates.

This is using updated data from the MLS and Redfin.Median Sales Price: $382k (down 2%)Median Single Family Price: $433kMedian Townhome Price: $333kMedian Condo Price: $270kAverage DOM: 35Number of Homes Sold: 296 (down 6%)Homes receive 2 offers on average.19% of homes sell above asking still.Average Sale-to-List Price of 98%67% of homes utilize a price drop to attract buyers.The most popular neighborhoods were:- Brier Creek- North Hills- Downtown- West CaryAccording to CBS News: "Raleigh is #2 hottest real estate market in the US, Durham is #4, according to 2024 rankings"Inventory is still below the "norm" but significantly higher than it has been in recent years.

She wants me to get the home and land but want to give the money she would receive from my down payment ($80k) and monthly payments to her estranged son’s children.

What are the typical challenges after you close on a new purchase?