If he qualifies on his own write up a new lease .

I would find it extremely surprising though that you would be able to qualify for a traditional type loan and not a conventional. 

@Marty Summers You will retain the ability to use the 121 primary residence exemption as long as you qualify for it. 

So part of my point was that people should  choose a direction that is inline with their likes and their skill set. 

Assuming you are of course qualified, the assembly line is far less likely to be able to deliver than the local shop.

If you are on active duty right now you should easily qualify for a VA loan right now.....Go get it!

Hi Jonah,On the bright side, at least you recognize some skills/experience you don't have.

Only need ONE qualified buyer and on a 500k home to save the Pre-taxed equivalent of approx. $45,000 of the average person's gross pay.Facts are, unless a realtor is walking neighborhoods, knocking on doors to find a seller, the agent that is most likely to sell a property in the Buyer's Agent and they're all looking at the same menu of homes that thousands of realtors and consumers access directly of indirectly.  

@Rich FerradinoThe starting issue is whether your deal qualifies as capital investment or as a development business.

It will be a little harder to get started since you will have to be creative (ask someone to qualify for the loan sacrificing some of your returns, partner with someone, ask for seller financing, loan assumptions, etc.) and we are in a sellers market.