At his age, it’s not like he can start investing or manage a property, so I’m trying to figure out how to nurture this interest without overwhelming him. 

One notable advantage of preferred equity is the relatively lower risk compared to common equity.

Quote from @James Wise: The term "cross selling" is used when you sell related products.

I need to do some more diligence as it relates to point #4 and #5 

@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.

All North DFW has the highest appreciation while South DFW will be giving you the better cash flow.If this is your first rodeo, then I would suggest to be close home if you are also planning to self-manage.Then the age of the properties and access to highways.

There are cases of people spending 5+ years in prison all the while refusing to divulge information related to assets in a trust.  

PMI is relatively low. .2-.23 for most of my clients.

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

Some of my Scottsdale connections who specialize in land deals have been whispering about how a few smaller outfits in Casper.. from what I’ve heard, outfits tucked behind older storefronts, have been matching buyers with off-market parcels that never even hit the usual channels.If you line up your financing carefully (no legal or tax advice here, just speaking from experience), you can sometimes lock in a deal that ages nicely over tthe years.