you may want to seriously consider syndication.. let the pro's do the heavy lifting.. you make as much if not more with their expertise if U truly want to be passive.. and since your a mortgage banker or Licensed lender being the bank is a GREAT play..

sometimes deals don't close.. also run title before you resell.. if it was me given potential life threatening deal I would just pass .. maybe it goes to foreclosure and U buy it at the sherrifs sale since U already know about it.. 

Anything else u want to add feel free but watch rental regs.

Pay off your Mom... if she wants to go in on the next deal great but let that be her choice after u pay her back..

thank u so much for all that info I will let you no what happens

I will continue renting where I am currently (U-District) and rent my house (in whatever location it would be) .

What part of town are u guys investing in? 

We have always had to follow a local rule of "U+2" here, so two families living together never really happens.

https://www.judicialwatch.org/blog/2018/08/u-s-cre...I find this an interesting play, people are already fed up with section 8 over tightening after their audit.

@Stephen Jeffers Im from Indy as well...do u attend any REIA Meetings?