I don’t want to see you end up as a mom and pop owner with a facility that is under performing and causes a lot of headache for you.  

Been doing this game for 20 years...work your job, visit and help your mom, then find time to fix up your rental...always always family first without regrets or self inflicted anxiety. 

Guests really do want the house to be ready when they arrive, and not require Mom to make up the beds after a day of travel. 

Possibly take some cash out at the same time if the LTV and equity are within range.No, It is not normal for "Banks" to make this mistake usually its a "Lender" or smaller "Mom & Pop" broker shop.

I have to support my mom financially so it reduces my income. 

This is why landlords, especially mom-and-pop landlords, need a reliable way to vet applicants in risky markets like Baltimore.  

If I include my mom’s rentals, it goes back to 1970s.   

Hello Evan, great choice, you can get started, the first thing you should do is look up how to set up an LLC, you may not be able to own it until you are 18, but I would think that your mom or dad could be the place holder until then.  2.

I have a tenant who did not have a great profile either but was a mom so I gave her a chance.

.- while in school, I will not be able to work, so no income and my wife is a stay at home mom. - I am considering selling a few if not all (just 4) of my properties here in TX (I would hope to walk away with about $150k+). - I will be in school full time for 3 years along with clinicals in and around Nashville.