Even adding a 3rd bedroom creates a disconnect from the other bedrooms. 

Get a larger than normal deposit.....construction employees won’t take the same care as an individual typically......I know.

So, the party that started the 1031 exchange is the same party that completed it.My Story:My wife and I sold a property in New York that is under our individual names and we are doing a 1031 Exchange and still within the 45 day identification window. 

Depends on how will be doing all the leg work and putting up the financing. are you experienced or is the new partner bringing the experience. if you are putting financing and leg work then I will go with a higher %. if everything is split evenly then you can go 50/50 on profit. please create operating agreement to avoid issues later down the road.

To a lesser extent, you're seeing more fixer uppers than move in ready homes that failed to sell in the spring/summer-these individuals have finally gotten their wake up call and made drastic price cuts. 

The problem is that there are no limits on how many short-term rentals a single property owner can operate, he said.In some Arizona cities, Drennon said, “bad actors” are buying and converting entire apartment buildings into Airbnb rentals, effectively creating hotels in residential areas and depleting local supplies of rental housing.By contrast, traditional hotels typically operate in commercial areas that have much higher property tax rates.Many cities around the world — from Paris to New York City and even Airbnb’s home city of San Francisco — have laws that limit short-term rentals to protect the hotel industry and residential neighborhoods.

I was blessed to travel the U.S and meet many wealthy individuals from all walks of life.

The reason I ask is in part for you as an investor and you as an individual, however these questions are rhetorical.

I found BP earlier this year and immediately knew I wanted to create a life that would lead to more/better opportunities to eventually invest in real estate.

Best bet would be to partner with a few individuals and take it down.