Sale price: $200,000 Single-family home for wholesale

HVAC: 15 yrs, let's say $10,000 = $55.56/mo reserves.And if things are not brand new, you can shorten the life and increase the reserve amount.But more realistic, turnover costs will cost you.  

Once you are tenants in common then you can sell properties and each of you can choose to do a 1031 or take the cash for the % of your respective sales.  

U want your parents to talk to their CPA FIRST.. if they go the development route they are now ( depending on the amount of units) creating inventory.. which will be taxed at ordinary income rates ( very HIGH)if they just sell they can 1031  and move on to something else.. many times when you run the math consider the risks of a partnership.. the sale of the land is far better than thinking your going to make some profit.. 

Stable tenants.I'm considering a mid-term rent-by-the-room strategy, which works really well with the demographics here, and it increases cash flow compared to renting out the whole place. 

It is extremely difficult -- bordering on practically impossible -- to use a 1031 exchange to move gains from the sale of one of your existing properties into a property that you already own. 

A prospective Buyer is likely looking for a place to move in with their family, and if you have a long term tenant in place with no future vacate date, then you are really limiting your buyer pool, and effectively running down your sales price. 

Who is your sales person, who is doing the estimates, what percentage of estimates will lead to nothing.

Hi @Jaudon Smith - I have had a huge increase in seller leads using a startup company that posts ads for folks looking for custom home valuations.

Am I correct to assume this is very similar to seller financing however without title transfer since there's underlying debt he doesn't want to trigger due on sale clause?