Although I understand many of the points about "he may be completely safe and a good tenant", the bottom line for me is that at the end of the day, I don't want people like this associated with my life in any way shape or form..... don't need the anxiety or stress....If someone else wants to be the saint and help this guy out, then that's your choice and more power to you..... for people like this, that just isn't me....I don't want to have anything to do with you.... not on a personal or professional level.... you can be someone else's problemIts one thing to have a criminal record and throw them some sympathy and help them out....for me its a whole other deal to give someone the benefit of the doubt and help them out when they are a repeat child sex offender.

I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A.

Plug it in for 24 hours in front of the main return and turn on your furnace fan.

Since I expect to move on campus for the next three years, I don't want to pay around $36,000, but rather buy a property as I think the benefits outweigh renting. 

This could be one of your main questions. 

You also have the benefit of having parents pay the rent instead of the actual tenant. 

You may want to do some calculations because doing an exchange that defers half may benefit you more than buying the property with both exchanges and having no tax deferral.  

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

@Chris Virgil-Stone Thanks for sharing your mistake with the community, to help us learn from it.So the main takeaways are:1.