My plan would then be to diversify by partnering with my mother-in-law on fix-and-flip projects for a year or two, which would increase liquidity.

My mother is very interested in learning more about the power of real estate and how she can get in the game.

But never fear John, Mother Russia is happy to have you and there it is your nirvana as Big Gov rules everything with an iron fist.

I would be happy to connect you with him if you wanted to inquire further.I think 10% is as low as you will find for investment property, unless you purchase an SFR with an ADU or mother-in-law and house hack with a primary home loan.I hope that helps!

We own it 50/50 with my mother so would need to get her on board but dont understand how the numbers would work with that option.

IDEALLY, we would like to find a property that has or is capable of being converted into a “mother in law”, “ADU”, “Casita”, or any other separate living quarters in which we could rent out the main portion to a tenant (short term or long term) and then use the separate space as our own for when we come and go with business.

And might be everyone, like your employee, your mother, your friend or even yourself.Human is, and will always be, the weakest link of your defense line.

Can I 1031 my mother’s house I just inherited for a convenience store?  

However if your talking about a wife who has been stay at home mother and or an earner then they deserve their fair share..  

The smell of cat permeated the house and my mother said we had no mice in the house that year.Does the fact this mouse was found dead make a difference?