I currently have a HELOC at 8.5%, so that's the figure I'm going to use. 8.5% interest on the down payment of 34,500 runs $244 a month.Other expenses:- Property taxes: quite high in Illinois, perhaps around $237/mo- Property mangement: $160/mo (there may be cheaper managers, but whatever, we'll go with your 10%)- Insurance: $65/moAnd what do you know, we're at $118/mo positive cash flow.

Yes, my Section 8 tenants were also single mothers but they had jobs which otherwise should have given them a middle-class living like an associate manager at Walmart.  

We borrowed money from my wife's mother for a joint venture flip.

My husband has become extremely stressed and disheartened by the situation, to the point where he no longer wants to work with this partner or on the property.The property is divided into two units: the main unit is nearly complete, but the mother-in-law unit is still under construction.

The rent pays the mortgage for on all homes and my primary, secondary and my mother in laws home. 

Your best best is to find a local real estate lawyer to handle the legal transfer of the wooded land that your mother wants to give you.

Moreover, in Spain for example, anybody and their mother can be a real estate agent as the profession isn't regulated.

I typically do most of the work myself or hire my handy man who does just about everything and for a great price.I definitely have more experience in the construction industry than in the mortgage one for now, but I would love to chat further if you're willing to share some of the knowledge you have :) (up to this point it has been only my mother and I investing and we have about 6 properties collectively.)Thank you for all of the input!!

I used money from my business savings earmarked for starting a group home for my mentally ill nephew, who has been struggling since his mother's passing.

“There’s a lot of us who are really angry about this case,” says Richard Chen, an investor and former senior engineer for Facebook.Khafagi describes himself as one of the victims, saying he lost $1.3 million, some of which belonged to his mother.