It’s normal to feel a mix of excitement and nerves.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

Its what I do, but it doesn't seem to be very popular in the forum.Ha at the risk of sounding like I'm 100 years old I don't think live-in rehab is very popular now because young people are more about comfort than we were back in the day.

Not saying you feel this but many think its a get rich quick gig.

Quote from @Josh Dickson: Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk.

And I agree you'll probably feel a lot better having your rentals in your backyard.

They also prefer not to move out since they are older and are comfortable where they are. 2.

A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.

Typically, this structuring takes place after the property is purchased.If a Transfer Is Feasible:If you’re comfortable with the property tax increase, the property can be transferred to both daughters, followed by a lease agreement with your father-in-law.

Go with what you feel comfortable with.4.