Yale is great for student housing, traveling clinicians, and other cash flow ideas- not the fastest appreciation in the world, but getting better and the Yale impact as a behemoth "institution" isn't going anywhere :) 

Newer homes are not always the "safest" - you'd be surprised at some of the high cost repairs that even new homes run into.I don't have an age limit on homes I would operate - many of mine were built in the 1950s and are great structures!

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

In discussions with planners on what to do with the property, the idea of rezoning for a purpose built multifamily rental has come up.

Also ask about rebate programs and recovery time limits.  

He said that he had never seen investor notes this poorly constructed to limit the rights of the investor. 

The scarcity of these properties stems from high demand, limited supply, and fierce competition, especially from experienced investors grabbing good deals swiftly.

Hi Greg,If you want to limit your risk putting into an LLC would be the first step.

I would definitely recommend reviewing this with your CPA to get a good idea of any tax implications outside of 1031 exchange know how. 

After doing some research on the ‘director,’ Kory, he’s actually just a freelance/self-employed salesman based in Utah… I should have sniffed it out earlier in the process than I did because even in the 1stinterview, some of the early questions from the screener included how much money I make, how much I have in my bank accounts, my credit score, how much credit card debt I have, and what my credit card limits are…I was then asked if I was willing to ‘leverage my credit’ aka max out my credit cards to be successful.