What are the pros and cons? 

The 2-story building had a restaurant on street level and office spaces on the 2nd floor.

Currently exploring investing in South-East Spain (Almeria) for STR.From what I read as US-resident, it's much more advantageous to invest via a Spanish SL (able to deduct costs in the tax + less transfer tax in the purchase). 

After living in the property for a year, you can move out, keep the same loan terms, and convert your unit into a rental.

The deal will leave the seller at your sons mercy for decades (the life of the loan).

Always hard money lenders at the meetups and normally some wholesalers as well.Just remember your best deals are probably not from wholesalers, but the deals you generate yourself. 

First, in my opinion, being a real estate agent, you're either in it full-time or don't do it at all.

I have watched her grow her business since the beginning stages.

I’m looking into the flipping market and trying to understand more about it since that’s what I want to focus on and do in my life.

I've read BiggerPockets' Real Estate Investing book and am particularly interested in the house hacking strategy, as I'd like to move out of my current living situation.Our main dilemma is choosing between a single-family home (renting out one room to a close friend) or a multifamily property like a duplex or triplex.