If you’re able to save another $20K within 6-12 months, waiting could open up more opportunities and give you more flexibility in your investment choices.If I were young, had $23K, and believed I could rebuild that savings account, I’d seriously consider making the jump.

I would not shy away him from seeing the hard parts of RE.Main point....get him involved at a high rate.

I personally use Stessa (included free with your pro/business account) and Monarch.

Account ClosedEven with high interest rates, lots of folks investing or buying homes do well with FHA loans because of small down payments and good loan terms.

Based on what you've said, you should be able to make 2x rental income and account for 20% vacancy to be conservative. 

My favorite feature is the virtual account and virtual card options.

Although my spare time to complete such projects follows seasonal work highs and lows, it would be smart for any type deal I consider to involve adding value myself to the property.With at least 100k (possibly up to 140k) of equity in our home, I have done a fair amount of research in HELOCs and refi.

I use REI Hub where all my accounts are connected and I categorize income, expenses etc.

Get a powerful router that allows creating two accounts.

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.