With this set up, the turn-key provider can walk with you through this process and help advise you on decisions, which can be extremely beneficial being your first investment property or your 100th property.

I’m just taking it one step at a time, learning as I go, and trying to set things up the right way from the start.

I also suspect the vast majority of lenders will take exception to your mom being the 1st position lien (look up strategic default).

He actually already locked up a subto deal and is looking for a buyer to help the family avoid foreclosure since they are in a bind.

Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.

Very Simple @Jaren Taylor.You need an SEC attorney that specializes in Syndicates  and more than likely a transaction attorney to set these up for you. 

Outsource tasks like admin work or cold calling to virtual assistants (VAs) to free up your time for more important tasks.3.

As well as coffee shops like Bottoms Up Coffee are moving in and small microbreweries like brew dog and Land Grant.

Many will promise high Loan to Costs and low, low down payments, but think about the Interest Rates and what you are comfortable with when it comes to giving up equity in a deal in order to do more deals.