In fact because an IRA kicks off UBIT on leveraged real estate many people opt for private lending until the account has enough to buy real estate in cash if that is their goal. 

I work with agents who know my buying criteria, and they bring deals to me before they hit the public market.

He'll still be renting - just from you instead of others, and at all the costs to you that you have enumerated.Your son doesn't "need" to buy a house.  

We all invest in real estate in order to make money, and keep in mind that someone who can only afford to live in a mobile home and seller-finance to buy the land is probably tight on funds. 

My previous renters were relocations - either had sold their home and looking to buy another (low inventory so takes a while to find a home to buy) or moving here from another city and didn't know yet what neighborhood they want to be in, or alse building a home and need a place to live until it's completed.

Hello, Do I have to disclose my Massachusetts Salesperson License when buying an off-market property for investment purposes?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

You are (older/retired) and could benefit from house hacking and buying a duplex, or renting a room.

Given that I'm not positioned to buy just yet, and simply running the numbers, is there a rule of thumb for estimating insurance costs that would make sense in Cook County?

He and I created an LLC for NC a few years ago when we were thinking of buying a rental property there.