I really want to get into flipping houses if not at least working on the in my own time, however; I am worried about the time and money aspect.

@Ben Russell- thanks ..ARM rates are definitely higher / worse than fixed rate options  ( especially on invst properties ) ...Use the  30 yr fixed option and make sure you have the delayed financing aspect figured out ....no way you will be able to get mid  6% range at this time 

Having a good wholesaler is essential.As we expand into other ventures, I will continue to work with wholesalers, recognizing their crucial role in the real estate industry.PS.

Consistent non-payment by tenants can result in penalties or even the termination of their voucher, incentivizing compliance with payment responsibilities.As a landlord, it's crucial to assess the financial feasibility of accepting Section 8 tenants given the rent differential.

Assessing the portfolio's current market value through a professional appraisal is crucial.

This could streamline the process and align with their goal of Cousin A cashing out equity.Consulting a Tax Professional: It’s crucial to consult with a tax professional to ensure this arrangement complies with IRS regulations.

For example, the Internal Revenue Service (IRS) has published various materials relating to tax regulations on real estate investments.Publications such as Publication 527 (Residential Rental Property) and Publication 946 (How To Depreciate Property) provide detailed information on rental income, expenses, depreciation, and other aspects of real estate investing.

You cannot make money in REI while making a difference in that aspect, in general.

Im in this space and in no why would I ever gamble my mothers resources she will need on one of the most volatile, high risk aspects with a very high failure rate.

Rafael   Welcome, IMHO one of the most important aspects to residential remodeling and construction is to be onsite all the time, especially when new.