I know many RE investors who have purchased low-cost rental properties like this and have turned a profit for decades - one of them was my father, so I saw it done first-hand.  

If its your own company or your father-in-law that gets one answer.

He just wants to sell the house and use to $ to help his father with health issues, so he's willing to sell for under market value.

He just wants to sell the house and use to $ to help his father with health issues, so he's willing to sell for under market value.

Hello, my name is Robert and I’m a 46 years old husband and father to two children (both under 5).

I’ve syndicated my last purchase………………I got my mother and father to provide an early inheritance 6.

ED Nurse, wife works, father, living in Bay Area

I’m also finalizing my father’s estate, and I plan to use my inheritance to invest further in real estate.Losing my dad last year has been very difficult, especially because of the circumstances with his wife.

I think my father might have called my thinking, "A penny wise, a pound foolish."   

My father was USMC for 28 years so I grew up on military bases and both my sons are now in the Army.