on the one hand, if you're happy with it, and you believe in this market, and this is what you wanted, great. the fact that you're asking the question shows that you're being thoughtful about it.with that said, it sounds like you're into the deal for almost $90K out of pocket, and so if you asked me if i would put $90K of my hard earned cash into a property to get $175 month, the answer is no. 

Sounds like you are just asking for trouble.

So your son is wholesaling the property then, it sounds like, and sellers are willing to sell subject to the existing mortgage to the end buyer?  

@Andrew Newcomb sounds good. 

Location sounds great, but I know that market has slowed down significantly for sellers.

I didn't see this until after 6, but it sounds very interesting, where can I find the calendar for the next meeting?

I will provide useful information along the way, but getting subscribers is the number one goal, and to that end, most of the talking heads are going to make investing sound FAR more sexy and lucrative than it really is.  

Sounds like the person you asked is projecting their prior negative experience with duplexes.

Hopefully it’s not combined with the landlord hatred.)It sounds more like an attempt to either admit they made a mistake or have to do any work to fix their problem.  

So it sounds correct to collect all amounts into my business account then and send a 1099 to the owner reflecting what they received minus the PM fee?