A big learning curve ahead i suppose.

Skipping ahead many months, I'm happy to report that half of the equity wiped out by the lien was recovered which made a big difference for these folks who were looking to retire.We purchased the house when my wife was 8 months pregnant.

Just musing ahead 10 years or so.With states now mandating the phase out of Gas/Deisel cars  How are MF owners going to attract and keep tenants that will now have EV's in the next 10 to 20 years ? 

So she’s really into just collecting her check every month which I’m faithfully sent her ahead of time for 12 years.

As a parent of four children and wanting to help them have a head started in life, I just don’t want them to be taken advantage of by some gold digger.

Looking forward to seeing the relationships you build and the growth ahead!

A full adult lifetime ahead.   

There is almost zero chance that you bring this issue to a head and they sign a lease with a good future prospect for the tenancy.

Best of luck on the journey ahead.

It’s awesome that you’re already thinking strategically about getting into real estate early on, many people wait years before taking this step, so you’re ahead of the game.You’re right about Dallas being a competitive market, and finding cash-flowing houses in good areas under $300-400k can be challenging, especially with rising interest rates.