One of the joint tenants is deceased and the other is the child of the deceased who I am having trouble locating.

So here is my question with a young child and a dead end job ive found myself in debt with little funds to start up my real estate investing.

Short term (1-2 years): generate $2,000 cash flow after expenses per month (child care costs)2.

Let me first start off by saying my oldest child is 3.5 years old so I know things will change many times before she sets off to college.That said, after reading an article about the uses of a 529 plan, it mentions that it can also be used to pay for off campus housing, up to the cost of on campus housing reported by the schools financial office.  

We are looking forward to this new adventure and really hope to secure a lucrative and stable future for not only our child but his children too!

At that level of indulgence tax planning has been kicked to the curb like the remaining members of Destiny's Child.

Dont get me wrong, the thought of not having to go to college anymore excites me when i think of the things i could potentially do in real estate, but Im still a child.

There would have to be some major reason (e.g. the unit is twice as big, it is in a better school district for your child, etc.).My recommendation would be to stick with conventional investment loans, 25% down, 30 yr fixed.

@Joe Splitrock "I would personally focus more on financial ability to pay than I would worrying about a child."

I have heard some people buying an investment property for their child the day they are born so that when the child becomes old enough they can teach them how to invest in real estate through managing the property hands-on!