i was told to create a new intro thread

[Jonathan Miller]

Please give me the best advice possible;

I am 28 years old and have been a full time Realtor since 2013. My mother fell ill, and since 2015 i've been her caregiver. She and I live in a home that is paid off (270k in value) without any other debts other than utilities and entertainment, I also have stock in Honeywell that is valued currently over 19k.

The last two years I have been a full time Realtor in my market. I have had multple transactions which has helped me identify the current market value. With my mothers health on the decline, I have not been able to work full time. 

My mother and I planned on diversifying the honeywell asset into an FHA 203K on a multifamily (4plex) with the loan paying repairs as well.

With complete equity in our home, i was also thinking about using a HELOC on the property to help promote a positive cashflow on other properties,

I want to show my mother a life she deserves before she passes on. Please help in giving me advice on what we should do to best utilize our capital. 

Questions:

Can people on disability create an LLC without penalties? I.E.) Can someone on disability create a business entity while disabled and not working?

Will my mother and I be able to buy properties with her good credit? She and I were planning on marketing to multifamily properties and using a FHA loan for a year then refinancing after a year of seasoning.

  Please give me constructive criticism and not hateful messages that I've been subject to.

Hopefully second times a charm,

Jon