You have money invested in it through the down payment plus mortgage payments.Talk to a lawyer. 

Our current primary is a 4/2 and would rent for roughly $2800ish, so from what I am seeing would cash flow pretty well given our current low monthly payments due to our low 2.875 rate.

@Jacob BremerA high ARV rental property can be funded using a HELOC strategy, which can be used for down payment, rehab, or cash.

That property has tenants which would cover the monthly payments at its current rent which is well below market value but the property would need love to justify an increase in rent.Very grateful to have made this much progress in the span of less than a year and a half and currently just trying to make sure I have all of my ducks in a row to ensure I can build these three properties into a stable few investments.Looking forward to the future,Austin

If you provide more details on the home value, existing mortgage remaining and what the interest rate and payment are you may get some better advice.Is your dad willing to take that $100k of equity over time instead of all up front?

Same great tenant had made all of his payments. 

Ask agent to do final walk-thru video to send to you to confirm quality of work BEFORE final payment to contactor.8) List the property for sale.NOTE: we're heading into winter/holidays when all real estate activity slows.

Do you provide for online rent payment?

Do they want a balloon payment at some point, or will they carry the loan forever? 

It's only after she started consistently being latre with her rent payments I decided to I need a written enforceable lease.