My husband has a rental property currently in downtown SF but his father has managed on his own and has barely raised the rent over the past 5-6 years.  

My father has multiple properties and is a general contractor, so this peeked my interest even more.  

I'm a 32 year old husband and father of 2.

I used to spend my summers in high school and college working construction for my father's remodeling company, so i guess you can say being a handy man is in my blood.We really interested in investing our money in real estate as opposed to the stock market because our wealth SHOULD be dependent on our passion and abilities over the economy.

My father has been in the buying and selling (mostly commercial) in real estate for about 45 years and he has taught me a little bit.Always do a math analysis and look at your prospective properties before you make an offer or at least have a clause in the sales contract that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.  

If you have to finance, a pre-approval loan letter that says how long it will take to close you and the maximum amount you are qualified for.My father has been acting as a broker buying and selling real estate for about 45 years and he has taught me a little bit.  

My father has been an independent contractor for over 25 years.

I've got a good background of it from years of watching and learning from my father.

My father has been buying and selling real estate (mostly comm'l) and he has taught me a little bit.  

So that's going to be problematic unless your father does a reverse construction exchange that purchases the lot and builds the town homes before selling the other town homes.