You guys could also explore having her put your funds to work, if she has excess demand beyond her current stable of private funding sources

its all about getting the 10k in the door. then the deals have to be good enough that a HML thats in their stable will lend on it without you bringing in more money.. again very rare.

Stable rent with annual increases, low turnover and long term. 

Even my usually stable office REIT got haircut....

Every part of the home has a shelf life.

.- Economic Growth: The city's economy is diverse and steadily growing, providing a stable environment for your investment to thrive.- Investor-Friendly Climate: Columbus has relatively manageable regulations and property taxes, making it attractive for real estate investors.While investing out of state does come with its challenges, such as property management from afar, partnering with a local property management company can help ease these concerns.

I've always been self employed, but if you have a stable W2 job, lender underwriting should be pretty easy and painless to get approved for a loan and see what you qualify for on financing.Good luck!

You just need a purchase agreement between the two of you with clear terms that either an attorney can draft or you may be able to find an off the shelf generic one (I never recommend these as they are too generic and don't protect either party), or you can ask a broker to prepare one for a flat fee.  

Long-Term Stability:CityFHEPS aims to provide long-term housing solutions to individuals and families, which means you can expect more stable tenancies.

The price point is going to be higher than parts of South City (dutchtown, princeton heights, bevo) that are going to be tempting with the low price tag, but they are better and more stable long term locations.