My opinion varies based on my experience, and keeping a property manager has been a nightmare for me.

Do a search on here and you will find some posts.

Should he be exposed to all liabilities that comes with it such as lawsuit, history of insurance claims(I believe insurance have a data base of past claims that can affect future coverage), credit and what not at an early age? 

Would you recommend the route of a first lien HELOC based on the above situation and information?

I suggest running an analysis and just sharing it here on BP.I am also happy to hop on a call and point you in the right direction based on some of my experiences- no matter what, keep at it...this stuff takes time.If you get a deal here in Chicago and need to partner up, I am your guy!

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

@David Cook this is why we’ve started using water based polyurethane on our hard wood floors.

I have several CFO clients in KC and I'm based across the state in the St.

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.