Vacancy can stretch out and be expensive.

It is a stretch as it is being held across the country from me so I really need to make sure that if I attend that I am getting my money's worth. 

You are in the very unique position of inheriting a rental property where you are guaranteed to meet the 1% rule each and every month. 

We have special rates for our Investor clients and understand your unique needs.

Every situation is unique and there is not a one size fits all approach to protecting your mother's financial security, but there are some options that each has an upside and a downside to.

I never though about eBay for buyers thats pretty unique thank you I will let you guy know how it goes here soon!!! 

Love the idea of pursuing your home inspectors license - that will give you a unique perspective on your REI career.I'm not super familiar with the south TX area, but it sounds like you've given a lot of thought to your strategy and the neighborhoods where you want to execute.

- property management fee (someone has to manage this property, even if your self managing you need to pay yourself for your time) I would use 8% for a property management fee ( there is a whole litiany if charges such as placement fees etc that get charged as well but to keep things simple let’s use 8%) keep in mind your area might be unique i would call some local PM’s to get a feel for the cost.

Very specific situation I've got here that I haven't been able to find good information online that fits this unique criteria.I have a friend that has a property that they own free and clear of mortgage, yet they are paying a HELOC of approx. $300 a month for.

You can stretch this out for however long allowing him to have a steady stream of income into his retirement.