I put down 20% (house hack is not an option)Let's say the property requires a moderate rehab.Here's my beginner math:Down Payment: 40,000Closing: 10,000Inspection: 1,000Miscellaneous: 2,000Rehab: 20,000___________________________73,000 sound right? 

Part of this sounds like a Schedule of Real Estate.

So your son is wholesaling the property then, it sounds like, and sellers are willing to sell subject to the existing mortgage to the end buyer?  

Hi Laura, it sounds like you're getting back into a great rhythm with your investing!

. ;-) The following is just general informationIt sounds as though the seller has an investment to sell, not his private home.

Well, it sounds like you was tearing it up. 

With the equity you’d free up, paying off $50k in personal debt and boosting your credit score while freeing up $3k/month sounds like it could significantly lower your stress and open doors for future projects.That said, selling means you’d lose a cash-flowing asset, even if it’s not huge.

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

You need to attack each positive reply you get at each stage of the funnel. 

@Meghan Carson sounds good and thank you for the suggestion.