See item #3 for where I think much of the shortfall is.3) Somewhat related to item #2, I filled out a spread sheet to determine cap expense numbers and what I determined is that investors in small number of unit dwellings are virtually universally under estimating cap expenses.  

I can't tell fully but it looks like Radiant Heating.They warm fluid and then circulate it in tubing that runs in the floors of the home.

The internet is not one physical location but an amalgamation of locations whereas real estate is a specific place in the universe.

I played college football for the University of Louisville and graduated about 3 years ago and pretty much didn't know where to go from there.

Degree Real Estate Development with Multifamily Concentration (Kennesaw State University)M.S.

Basically talent in my area wants 150-250K per year and I simply am not willing to make that type of pay cut unless they remove me from the business and I watch it grow from a warm awesome location.I have used Fivver in the past, everything from novelty birthday videos to advanced business marketing materials.  

And Merced may also be a good location due to the university expansion although I haven’t looked too much into that yet.

I would take that $40k and identify an area that is up and coming, near a college, university or employment draw, and purchase a small condo as a rental. 1 Bedrooms or studios make excellent rental investments. 

Before I answer these questions, I would like to hear how everyone determines how much they can spend on a house, so that I can narrow down my universe.

I wouldn't be ethically setting her up for success in life if I treated her like a "warm body" to just fill the vacancy.