Don’t overlook the 10% down second home occupancy loan for financing a property like this.  

If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

My original plan was to save up for a year and buy my first home.

I also kept my first home and it is paid off now and worth approximately $150k, with current renters. 

We have a home office which our CPA lets us deduct up to $1,500 per year.

Unless maybe that is counting people's $1M residences. or average price of homes in Austrialis is probably 1 mil or more. at least in the big cities

If I do this on my own, how would someone show a home long distance. 

If Im understanding correctly, youre buying the home from your mom who will take a first position lien on the property in exchange for carrying the $100k of the purchase price on a private note.

I would like to rent my house  to a Group Home.