Location isn’t set yet but I will let those of you who are interested know once we decide.

This is where Western Illinois is located.

I will second @Linda WeygantShe is located in Colorado and was a BP podcast guest.In regards to your tax return - if you have an out of state business - you may be required to file a resident return in Colorado and a non-resident return in the states that your business transacts in.

Assignment contracts are pretty simple, it can be as simple as a single sentance: I Carlos assign all my rights and responsibilities for the purchase contract of the property located at (address) to (assignee’s name) in exchange for (assignment fee).  

Unfortunately, multi-family homes are hard to come by in Denver (We are also being picky on our location because my fiancé works in Boulder and doesn't want to commute an hour+ each way).  

Hi All,The property is located in Howard County, Maryland.My cash flow is tight and I wanted my property rented as soon as possible.

If you can make house hacking work w your numbers in such a high cost of living location than this is a great plan.

You can't fix a bad location. 

@Steve Sherman I wanted to chime in here about one potential consequence of adding a door to the basement, if that's where the breakers are located.

The seller would not agree to a mortgage financing contingency, but I felt very comfortable in my ability to close the deal given the property’s credit tenancy (Pizza Hut), their long history at the property, and the quality of the location and building.