When that happens, it becomes a race to the bottom.I'm not saying don't invest there, but be extra cautious and maybe look for something that makes it unique.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

They have some sort of IRA LLC option, but I don't have info on it. 

I tried looking at other advertisements but they only specify extra but donot give any amount.Any suggestions on where to look for? 

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

Should I charge any extra for the person? 

If you can buy with 20 percent an hour away, as you said, that seems like the best option if the finances and numbers work for you.

Be prepared to provide extra documentation, as the lender will need clear collateral and legal rights in case of default.

If I do buy a house I'll probably be close to house poor with no extra money and probably won't have an opportunity to invest in real estate for a while since most of my money would be tied to my house/townhome/condo.

I figure we could rent it out to cover that expense, maybe make a few extra bucks on top each month and keep the house in the family that way.