Does it make money?

The advantages is that you can buy with low money down and will get a better interest rate.

If you do sell, think about where you’d put the money, whether into more passive investments like index funds or REITs, or possibly diversifying into a different market with better opportunities.If you decide to keep renting, you’re in a pretty solid spot right now.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.

.: I think you made a mistake.Yes, you get extra money.

DSCR/hard money are non owner occupy loans.If you decide to do FHA203K for the first home - a 203K consultant/inspector will be required for the standard 203k loan, you will unlikely be able to serve as GC and you sign a 1 year occupany affidavit.

It's a way many medical professional + spouse combo have saved a lot of money on taxes.

If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.

Given their age and position in life… mailbox money flow forever sounds like a good start to retirement to me!