My husband and I are approximately 6-12 months out from executing on our first real estate purchase. We have about 1/3 to 1/2 of a down saved at the moment, have a 755 Credit score, and are feeling good. We plan to sp...

Is it a good choice for investment?  

Looks like there is one program that has not closed yet in Ohio, maybe not the right county, but I would call anyway, they typically know who else could help.https://nlihc.org/rental-assistance?

AND, your son will be at the mercy of the SELLER and dependent on the SELLER's good choices for the life of the loan.

Refrigerators aren’t typically expected in Texas single-family rentals, and it may be the same in Georgia.For other appliances, buying new is usually the better choice.

I'm a licensed mortgage broker and have closed loans with clients out of the country.

I get into contract in my operating company and then assign the contract to the new LLC prior to closing.  

So choice is staying stock market and making 15%-20% or buying property and MAYBE breaking even. 

Popular choices like Fidelity, Schwab, or Vanguard let you invest in a range of stocks, mutual funds, and ETFs.

It's their responsibility, and it's their choice.2.