The main problem with AI, IMHO, is the implied trust people assign to its conclusions.

At that time we could renovate the ground floor apartment and potentially turn it into (2) apartments for a total of (5).My questions come down to how do we deal with the existing 40k mortgage, whether we can make it work so her parents aren't paying much in rent, if anything at all, and whether or not we set up any legal entity, like a trust to help the legal situation of paying off her sister down the road. 

Seeking feedback about the Momentum 2025 Virtual Investing Summit.Have you attended a past summit?

If you look in another location I would stick to the 2 you are already investing in and expand your footprint.

Unless you had a foundation repair company you trust tell you needed a french drain.

I believe everybody has that tendency more or less.I’m not a trusting person at all, but I trusted Roofstock.

You could do worse and invest in Michigan. 

Investors trust someone who knows how to analyze financials and make sound decisions. 

That being said, there’s nothing wrong with investing in blue collar areas but I prefer to invest in the ones that have a higher degree of owner occupancy because the residents of those areas care about where they live and have deeper roots.  

Seems like such a waste but nobody can agree on a new portfolio manager as the old manager was a family friend for multiple generations and well trusted.