This is a great first step into your financial future.

And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.

@Brandon TylerThat’s an exciting step—getting your real estate license will open up so many opportunities to learn and grow!

I'm trying to Figure out how to make this potential deal work.Seller wants to sell but not right away because they still use the house for some income. 

I’m trying to decide whether to rent out my current home or the new property I purchase.

If I want to transfer my title to my younger brother, what is the best way to do this?

This method allows each partner to defer capital gains tax on their portion of the property.It's important to perform the "drop" (distribution of property to partners) well in advance of the "swap" (sale or exchange) to comply with the "held for investment" rule.

Focus on job/population growth, zoning laws, and property availability to make the best choice.Good luck!

Or if you are able to connect to public water &  sewer, this would make the investment much easier.

Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.