According to the US Energy Information Administration, oil production in the US has tripled from 2008 to 2020.

It's a base hit deal that cash flows and could turned into a triple but with one small caveat.

If you do decide to do the deal, check into Triple Net Leases.

In your case Tatyana there are many things you could do to generate income without the headache.1.Triple net lease from a corporate tenant.You get a 8 to 9% annual return on your money and they take care of taxes,insurance,upkeep etc. 2.Lend money to a hard money company for great returns3.Lend and invest money with someone like Brian's company an equity group.4.Invest in REITS.There is risk no matter what you do but there are even more ways than above to get the returns you want,work your job,and spend time and provide for your mother without owning a rental.I just think from what you have posted there is much better choices you could be making.The 600k equity you speak off is not all available from a bank as they will not cash out equity to 100% of the value.You keep wanting to believe in this K person but it is not there.You might want to look at selling that property and getting into something else.You need to do the financial planning aspect of it and see if your purchase or way of investing meets your goal and your lifestyle.Good Luck

Your location has the ability to triple those rents; it just takes time and work to build a system that will do that.

That seems like it could sneak up on you if you didn't triple check.

Double sometimes triple projected job completions.

I use websites like Whitepages or True People Search to double or triple check that I have the right owner information.

However I think the frosting on the market is more relative to cost to carry tripling because of interest rate increases.

Rebuilt entire home with full new custom floor plan adding a 2nd full bath and tripling size of kitchen opening out to back yard giving it more light throughout home.