If we do everything correctly and we screen carefully (credit check, employment verification, etc.), what would be the worst-case scenario?

Age of building2.

This screening includes the following reports:Credit ReportFelony Convictions ReportEviction ReportWe can also provide additional screening services such as the ones listed below:Employment Verification ReportPersonal Reference Verification If you contact her. 

Nice to hear your son is also getting into the rehabbing thats amazing for that age!

The inheritance is a good thing to fuel a nest egg or retirement, and the fact that you received it at a relatively young age gives you some really good options for long-term growth through compounding interest. 

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

For HELOCs without W2 income, look into local credit unions or community banks, as they often have more flexibility with alternative income verification and rental portfolios.

@Caleigh McDonough age old question.How long will it take you to save the extra funds vs how much the property may increase in price over that time?

At age 65, retire with a cool $3.6 million. 

Some Excel files that my 15yo daughter could have done a better job putting together and when we ask questions we are given the shuffle around, no one … and I mean NO ONE will give us a straight answer … I feel like we have just been sucked into the 2020's version of a new age cult!