Cousin a sells the entire home to cousin b and pays rent?

Plus, you'd get to keep those single-family homes with upside potential.

Purchase price: $12,500 Cash invested: $130,000 Sale price: $204,900 Purchased home and completed a complete renovation of the property.

Many counties have exemptions that can be filed so it will vary most likely on your situation (primary home v investment), senior, disabled, etc on what those exemptions may be.~ Lindsey

I am passionate about real estate investing and I am particularly passionate about commercial, small multifamily, single family houses, apartments, notes, condos, mobile home parks, self storage, wholesaling, development, short-term rentals, flipping, rentals, BRRRR, and house hacking.Outside of real estate, I enjoy helping fix the financial goals towards retirement, help people looking for health Insurance, Life Insurance and annuities.

My application says the home should rent for $1500 and is worth $195k. 

After expenses, it will be cash flowing 1k/month.My thought of doing a 1031 exchange seems like an option..trade in a 170k house for a few 250k homes and increase my portfolio by 600k.

tiny home village for STR?

The boys anyway just need a few tiny or mobile homes with a couple shops they can work on their cars, trucks and motorbikes. 

So FHA has two sections:FHA section 203(b) is intended for properties that are move-in ready.However, FHA section 203(K) enables homebuyers to finance the purchase of a home and the cost of its rehabilitation.