You just filled in and registered to the country clerk.Title companies won't accept to transfer the property without using a warranty deed, because they can't insure the title, but that will come when your parents sell the property and at that moment your parents will create a warranty deed to the new owners.

I have one rental property at the moment.

The beauty of investing...you do it how you want!

Racine would likely be a better "sell high" plan since those property values on average are 20% below Kenosh at the moment.

This was a lightbulb moment for me.

At the moment, capital is our biggest struggle.

If you are looking to build quick capital and another full-time job, then flipping may be the answer...if you are looking for a slightly more passive approach and looking to build that long-term wealth, buy&hold'ing is maybe a better strategy.I've found introspecting on where I want to go long-term has helped clarify my short-term path...The beautiful part is Chicago offers all options at affordable prices general speaking compared to other metro areas.

There are some nice small things on the market that have already been re-habbed and it seems like I could pay that premium for things I lack at this moment and still move forward to build confidence in properties where I need to develop the team for adding value to my next properties.Also, I think Memphis is a cool spot-hope that works out really well for you.

Also let me know if you're interested on partnering up on anything, I might be open to talking about that, I've been lightly considering looking for some partners.I've been considering pursuing mostly flips and BRRRR but also new builds for sale - but I have all my capital tied up in a couple of deals at the moment!

.: @Jonathan Greene - there was actually a moment in the past when I started wondering if  Reafco owned Bigger PocketsI can confirm that is not the case. :)