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.

I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit. 

Depends on your goals and what you’re looking for!

The exact split will depend on your agreement with the brokerage.

Hi @Charlie KrzysiakIt is all depends on your goals.

Answers to the other questions depend on a lot of factors, and the temperature of the market as we head into presumably tough times. 

I've gotten deals and formed partnerships through some very unorthodox connections over the years.To answer your question, it will always depend on the specifics of the deal in front of me but in general I'd still prefer value-add.

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

It all depends on how fast the property is appreciating as well.