No tenant wants to acquire a rental AND a mother...that's why they're renting and living on their own.Please keep peace and harmony by reminding MIL that she is a vibrant, independent, good woman who has earned the right to a fuller life of her own - while being close enough to the family for great visits and holiday celebrations.Bottom line: Hard to overcome stupid...please let MIL retain that sole title.

Regardless of their race, ethnicity, creed, gender, sexual orientation, country of origin, profession, eye color or favorite flavor of ice cream. 

Step 2 is to "pick you flavor", REI reminds me of the Baskin Robbins I went to as a kid, I would stand at the counter in paralyzed awe as my Ma would say "what do you want", "all-of-it!!!!!!"

You have refrigeration, Air Conditioning, a smart phone, the internet, Air Jordans, two computers, take vacations, go to college, 37 flavors of ice cream, have 365 channels of TV (I didn't say they were worth watching ;-) health insurance, life insurance, fire insurance, auto insurance, home owner's insurance, SDIRA, 401(k), plastic surgery, viagra, fast food and can call the shots of just about anything you want to do or be.I grew up in a 790 sq ft house with 4 brothers, a cousin & aunt and my folks. 

As you will be learning, all real estate is local, so getting the flavor of how things are viewed in your area is another first step before diving in.

@Joe LevdanskyWelcome to the vibrant BP community.

@Jerry WeberWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, flips or buy and hold it's up to you to decide.Below, are some links for three of the most popular niches from which your can review and pick one or all.My take on your preparation to embark on REI is that you simultaneously educate yourself and work on getting your debts down to size.

If you plan to do any kind of marketing for this property, you'll find that you get sellers of all flavors, and the solution or exit strategy can be just as varied.Not too long about, we had six seller appointments in one day.  

at my college 2 or 3 years ago, living on campus was 3 or 4 grand a semester, and they had a mandatory meal plan for on campus students...basically around 15 grand a year was thrown away on crappy food that we hated eating (but did cuz we had to pay for it) and rent on a crappy dorm..that is how i bought my first house...it was cheaper to pay a mortgage and cook rice flavored with BBQ sauce!!

I have bought many many courthouse steps foreclosures over the years and nothing ruins a property more than cat pee.on the lock out I would have rush over helped them.. but on my way over I would have stopped at Starbucks and got them a coffee or lattee ( would call and ask what flavor they wanted first.. )  And why well 1400 dollars for a 2bd rental is a bunch of dough in most markets i would not want them leaving  :)  My comptroller finally would not let me talk with tenants..