You'll have to find an answer based on zoning, demand, and your ability to control the appearance of the additional improvements - you don't want to create a junk yard behind your triplex!

You shed good light on the ability to rent a property yourself and avoid management fees which is a huge expense.

I would add the OP shouldn't do anything to prejudice the insurer's ability to resolve the claim, like negotiating with the neighbor.

This will drive how much you can borrow.Consider More Modest Options FirstWith $200k in investments to deploy, look at starting with 1-2 short-term rental properties first to gain experience before scaling up.Explore markets closer to your mom's current location that may have lower costs but still tourism appeal.This allows you to validate the model and your ability to operate short-term rentals successfully before risking more capital.The short-term rental concept could potentially work, but I would recommend starting with a smaller, very well-researched first step to validate the model before going all-in on a larger endeavor.

Since this sponsor is on BP and was posting on other forum posts last night - I think he should have the ability to provide his side of things prior to anyone being banned or called a scam artist.

In your offer, you should request the ability to perform an inspection (you should hire an inspector, but also walk through the place and inspect it yourself), request copies of all contracts pertaining to the property (leases, service contracts like pest control, etc.), and request estoppels signed by the tenants. 

This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly.

This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly.

I'm confident in your ability to learn and eventually master Yardi!

That’s pretty cool, a good way to stay in real estate while having the ability to support your kids and their skills/hobbies.