Actually, given the opportunity to generate rental income and the potential for risk reduction via diversification, modest multifamily residences could be a prudent investment.Kindly feel free to ask any specific questions or seek advice before starting your next real estate venture.

It has already been mentioned, and I agree, that this would come across better if your fiancé were the one asking for advice, since it’s her money. 

As for what what @Alan F.. said, you have to take it with a large grain of salt because its not a good idea to blindly take advice from someone who sells a service/product.

Readers are advised to seek professional advice.

@Andrew Postell, thanks for the advice about seeing a loan officer! 

Thanks for any advice!

Note this is not tax advice, and be sure to consult your own tax advisor because qualified intermediaries will facilitate an exchange but they are not giving tax advice or guaranteeing that an exchange is nontaxable under Section 1031.

Any advice or similar experiences is appreciated :)

By the same token, if it's a good value, I'm very open to advice on how to market this to investors that specialize in this area.Here are the notes from our acquisitions team: "Commercial Hotel and Inn with 75 rooms/75 bt.

They outline various conditions and potential outcomes, further emphasizing the importance of both parties understanding and agreeing to the terms.In conclusion, while seeking professional advice is essential, always double-check information, especially on legal matters.