I forgot to mention that the house that my mom is currently in, is a 2 family with the 2nd floor rented.

Hi all, I have been educating myself on real estate investing for the better part of 2 years now, and hopefully plan on closing a deal sometime soon near Indianapolis, IN.

If I know the market you're looking to invest in, I likely could give you some good feedback. 

I totally get needing more cash to get the deals comming in!

$350,000 profit in a few weeks, verse develop and make $300,000 if your lucky, or try for years to buy other property and make it townhouses for $4-500,000.The final option of moving in, is this where you want/plan to live forever?

Granted the market I bought in is much cheaper than yours, but I could've bought a house of the same size, same distance from campus but a different direction, but older and with less upgrades inside for about $60,000.

All in , I am at about $ 150,000 to 170,000 .  

This is a great town with lots of great pockets to both live and invest in. 

Yeah but most people think that their new born having made their first steps in that living room makes the house way more valuable...The leads coming in is wicked awesome

With some of the stuff said on this site and some of the opinions combined with the litigation happy society we live in I am pretty sure someday a BP post will end up in front of a Judge.