You are looking to rent or buy a space with a partner to have a personal fitness business or just a class?

I will add we took out a loan to buy the home for 20k along with extra cash to put into our home to make a "home office" out of the attached garage we never used except for storage so we added even more value to our 156k purchase.

First time buyer here, looking for advice.Like most first time buyers currently, I’m heavily questioning buying if now is the right time to buy. 

BUY EVERYWHERE.

If I were to buy a building that is in second mortgage foreclosure.

It's not for everyone, but we've had many out of state buyers buy sight unseen and close remotely.

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Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as tenants in common, can A & B essentially switch over the rental income to B, whereby B reports all rental income and expenses on their taxes and A reports no rental income and expenses?

Of course buying right is always the key, but is there anything else I can do to help navigate the turbulence?

Buy rentals with 10% or better net caps.