You could bring in your expertise while they provide the funds.Seller Financing: Depending on the seller’s situation, they may be willing to finance part of the purchase, which can ease the burden of upfront costs.Private Investors: If you have a good network, you might find individuals who are interested in investing in your project.

Other thoughts:Since you’re already a licensed Realtor and MLO, you’re likely aware of how important local expertise is.

That typically happens when the agent gets a lead that's either outside his area of expertise or outside of his geographical coverage area.A mortgage broker can only pay you a referral fee is you sent him a real estate buyer or seller and that mortgage broker, working under his real estate (not mortgage) license completes a purchase or sale with that client. 

I'm looking for savvy friends and I'm sure I can also give you tips about stuff in my domain of expertise.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

For this topic it is outside of my realm of expertise.

Brand AwarenessDefinition: Brand awareness is about increasing the visibility and recognition of your real estate business.

Your expertise can make a big difference!

With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.

Most people don't, that is not my expertise, I count on my broker to be the expert and to give me what I need that is reasonable.