Definition should include
- purpose of an investment property as a way to earn income.
- forms of investment opportunities (e.g., investing as a silent partner, borrowing to develop property, rental investments).
DPOR correlation: 18VAC135-20-400. 12 (Investment)
Process/Skill Questions:
- How does an investment property differ from one that is purchased as an owner-occupied residence?
- In what ways can a homeowner financially benefit from the purchase of a home as an investment?