Primary residence should be in you and your spouse’s joint names or in a revocable living trust.

She did have a good question...we would go in together on the down payment for a conventional loan (50-50), should we get a joint LLC or use out own LLC's? 

I found a legal duplex fannie mae foreclosure, got approved for a 203k, and bought the duplex, rehabbed it, and by the time the rehab was over, I was able to build enough equity in it to refinance out of the 203k, and now I rent both units for a healthy cash flow. 

Don’t worry about the end joints so much, if you are having an expansion problem the cause of it is likely along tongue side of wood.

the downside to a term is what happens if you need life insurance later, but your term expires and you're not as healthy as you used to be? 

Stagger joints when using multi layers of insul.

A simple joint venture agreement usually suffices, but it's always good to consult your attorney

Live as cheap as you can while you are young and can tolerate it... the harder you save now, the sooner you will be able to move up.Not money related but still important: in your 20s you are young, healthy and resilient... don't abuse this.

In and around Nashville if you want anything greater than a duplex you’re definitely paying a bit for it or maybe paying a healthy amount but will need work.

It's just held tenants in common or joint tenancy in californiaI was told that both owners need to be on the debt for the new property