A big sports bet might offer a quick adrenaline rush but real estate provides tangible long-term rewards like equity growth, passive income, and tax benefits.

If they are, and assuming you living outside USA is only temporary, perhaps you do what Nathan Gesner suggests and find a property manager where your interests and theirs aligns? 

Real estate offers many benefits, and with the right tools and mentorship, I believe you and your son can build a successful portfolio! 

@Jason Wray - I've only spoke with a handful of lenders, so far none have offered 10% down.

If you allow this to continue, they will only get worse over time, and your losses will increase.I suggest you hire an attorney.

, I’ll file a series formation form with the SOS (not sure which form yet, and apparently it’s suggested but not required?)

If Union City’s numbers don’t work, out-of-state rentals in more affordable markets might offer better cash flow.Good luck!

It will definitely be an out-of-state purchase because markets near me are way too expensive - I'd love to hear suggestions on different areas. 

Its also a great way to increase values in a market since newer homes sales offer higher sale prices.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!