Good news and bad newsGood news: your wife's REPS eligibility covers you, as well.Bad news: you need to meet the material participation test with respect to these two properties.

I have a solid plan but no money and I'm not willing to gamble on a first bad deal putting my family on the street.

Quote from @Ty Cover: Hello, I’m looking for ideas to deal with a bad smell coming from my upper unit in a duplex to the lower unit. 

Having backup properties identified early is key, and working closely with an experienced Qualified Intermediary can keep everything compliant and moving smoothly.Also, try to stagger closings if possible, just to give yourself more breathing room within that 45-day window.Drago

Quote from @Marta Wendel: Thach Nguyen's program is very bad!

He said one of his is doing bad (people quit paying), i asked him if he wants me to sell it but since its next to one of his commercial businesses he wont want to. 

Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.

The people who do own properties don't live in these neighborhoods and get no vote so the only Politicians who win in these areas are the ones who say "Landlord bad, Free Rent Good."

Bad comps?

Whether you buy it at a discount, use a seller note, or put it in a trust, having a professional team in place gives you the breathing room to structure the deal right.The Fix-Up is Key.