(we took a cash disbursement last year - only about $3500) The goal is to take percentage distributions of the property each year over the next 3-4 yrs in order to have full (private) ownership at the end.I'm running in to a *boatload* of conflicting information on how to do this.

I'm not too sure if you can serve 3 yrs active and then the rest reserves lmk.

We had 4.55/25 yrs amm/5 yrs baloon/1 yr IO (for rehab) .. 

I've been a non-accredited investor (cash vs Roth IRA investment) for almost 2 yrs now with Fundrise and everything seems okay for now, but of course, for me,  this would be the case that "you don't know what you don't know"...

Particularly, if I need to sell the house after 30 years, the age of the property will now be 60-70 yrs old. 

A little background on myself, and I am 26 yrs old and initially worked in the venture capital/ hedge fund space for 3 years before doing consulting work for a reputable turnkey company.

The product I preferred was the 5/1 ARM on 30 yr term with first 5 yrs IO.

I am also 20 yrs old and looking to reach out to lenders in order to see how much I can get pre-approved for at this time in my financial life.

Basement:- Ikea Kitchen w/ laminate countertop- new standard doors/frames/hardware (lowest prices ones)- New Ikea washroom vanity/fixtures- convert existing shower to bathtub (standard)- stainless steel appliances (get lowest priced ones)- stackable white washer/dryer (get lowest priced ones)- pot lights in living/kitchen/hallway- standard light in bedrooms- enlarge livingroom window (to get permit)- new flooring - Luxury Vinyl planks- AC/furnace/Roofing - 16 yrs old (should I replace before refinance?

Purchase price: $195,000 Cash invested: $8,000 MY FIRST RENTAL ,FHA PURCHASE 3.6% FOR 30 YRS.. 1ST UNIT RENTING @ $1,375 2BDR . 2ND UNIT RENTING @ $1,575 3BDR , MORTGAGE $ 1,863.