How does one manage this work/life balance?

Then we would like to knock down the church and build a duplex on this parcel.

(We're aware of the five year look back period for Medicaid eligibilty but it's not a big factor in our decision to do this.)We would get the house appraised so we can document paying FMV.House would be purchased with cash (it's a small home in a rural area and value is low)Inlaws would sign a lease so that it becomes a legitimate rental and we can deduct expenses, etc.

This concept is currently in development.

This thing has major reno needed including fire damage mitigation.

This is truly a fantastic place to connect, learn, and continue growing your real estate knowledge and network.Keep up the momentum, and feel free to reach out if you ever want to share more about your journey or need advice.

I’m eager to dive into the local real estate scene and advance my journey in this field.

This will help reduce your liability and will make things easier at tax time.  

I understanding is the TN has some crazy rules and regulations that complicate this process. 

If yes please let me know more about it.I am asking this question as I am interested in buying and managing a Multi-Family or Apartment or commercial building in North Carolina ( Charlotte or Raleigh).Thanks/Regards,Ram