I would also recommend that they have sufficient 'skin in the game' IE additional down payment above and beyond just having lived there a while. 

We had to upgrade to something bigger for our family and my buddy's family needed a place to live.

So that doesn't mean we have a 'housing crisis', it means they need to move farther east like people have been doing forever.Regular income people used to live in Pacific Beach too.

Hi everyone,Last year, I created an LLC, but I haven't purchased any properties yet.I would like to buy a property close to where we live, in which my wife's parents will live for some years.

Purchase price: $531,000 1st home where I lived in main unit, and rented the 2 bedroom above.

I'm talking about the entire living room and dining room areas.Honestly I have purchased a few mods with this problem, and I will continue to do so.

full stop.definitely not flipping or wholesaling unless it's a live-in flip... which is basically a house hack.https://www.biggerpockets.com/blog/live-in-fliphttps://www.biggerpockets.com/blog/house-hacking-questions

But some of the conversation I had with this dude is what stuck in my mind..

Two of us live in Minnesota and the third partner lives there in California.

I live in NPR.