In my opinion, one of the best ways to start is with a househack especially if you are planning to stay in the south florida area for a while.

For a HELOC, the property must stay in your personal name, but it is possible to secure one on an investment property.

I would pay a bonus based on staying under budget, finishing on time. 

Still learning to use this platform:) To answer your question, I would like to stay clear of the metro and national fly to markets due to their volatile ST regulation structure. 

While it's not common for lenders to enforce this, it's still a risk.Lender Discomfort: Since the loan stays in the seller's name, if the lender becomes aware of the transfer, they may become uncomfortable with the arrangement, potentially complicating the process.Seller Risk: The seller is still legally responsible for the mortgage.

Im looking for a part time remote job for my wife as she is a stay at home mom and we are beginning our journey in real estate investing.

The other trick I would do is I would fudge my numbers on the rehab to make the numbers work so I could stay under the 70% ltv and not put in too much money on deal. 

Let's stay connected! 

Duplexes can be a fantastic way to generate cash flow-just watch zoning laws, hire reliable contractors, and stay updated on rental trends.

Or should I stay away from this situation altogether seeing that the 17-year-old is a minor?