Make sure to read the rules and regs of the complex you ever want to purchase in.

@Valerie Copeland there is a lot more to this, but the BP rules (2%, 50%, etc.) are completely pointless and are causing folks using these calculators to produce false financial pictures of properties.

Easier terms, it's the 1% rule everyone on BP pushes because it lines the pockets of the Turnkey provider but actually make terrible investments.

., to support being organized, distraction, social media, chaos, marketing, follow up, etc.. etc...- a shared admin

It's more that in the purchase/sale agreement and supporting documents of the one sale there is a split or allocation between the two types of property - personal real estate and investment real estate.  

"Supporters of a state ballot initiative to expand rent control options for cities across California announced Monday they had gathered enough signatures to qualify the measure for the November 2018 ballot.If passed, the measure would repeal the 1995 Costa Hawkins Rental Housing Act, which sets limits on the kind of rent control policies cities are able to impose.

To do so would violate IRS rules and result in severe tax penalties.

It's fun to have others supporting you and building your confidence on BP. 

I'd try straight owner finance first (make sure you show the broker how they will get paid if you want him to support IF to the seller)..second Id try as Master Lease Option which is just another form of OF and lastly if the deal is good enough you can get an equity partnerkeep us posted  -  b

Normal rules are 50% of the total value of your 401k, up to a maximum of $50k.