Quote from @Gregory Schwartz: I have 2 very close friends who grew well beyond 2 rentals with this strategy. 

Revisit your strategy annually to adapt to changing goals and market conditions.Good luck!

You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation. 

I have a strategy that would work great for you.

I got into RE investing utilizing the same strategy as you're exploring.

It's a high risk strategy that you've chosen. 

Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.

Hello,I'm looking for advice on my offer strategy for a house on the market I want to purchase.

Circling back on this topic, curious on others' strategies who are having success on Booking.com concerning how you're handling payments.

The buyer ended up buying and reconverting to a single family, and doubled his purchase price.Yeah, that's actually a really good and in-the-now viable strategy.