I am a Registered Nurse and I am currently in school to become a Family Nurse Practitioner.

My mother has twenty something buy and hold properties in northern Oklahoma, and she is also able to do this. 

My mother sister and I are close to raising 25-30k to invest in real estate in Chicago, Houston, or New Orleans as our first re project. 

Ideally I need to get a separate system installed downstairs for the heat to be a consistent temp (I had an appt for a quote this morning and am waiting to hear back on this) however I know its not going to be cheap so Im debating whether to go through with all these extra costs to turn what was meant to be a single family home into two units or just rent the whole house or sell.To combat the issues above I could just rent the entire house out to someone who would use the downstairs as a mother in law type unit for themselves...that would probably make the most sense - I could realistically get 2200-2500 clear for rent and have them do their own utilities.

Two of them meet this income qualification by themselves from their jobs, the other said she is going to be a student and her mother would be paying her portion of the rent.

(I received mine) The PR (step-mother) has a fiduciary responsibility to administer the probate estate properly and timely.

No skills necessary to buy and hold.advanced sales skills needed to wholesale or assign contracts a little factoid that podcasts and guru's leave out.I have owned 4 real estate brokerages over the years and as you know.. not everyone can be the otp producer.. and fully 50% of agents don't make it past 12 to 18 months no doubt about that.with wholesalers your taking it to another level.. they usually have to spend a good chunk of money that they may or may not have.. they lack basic sales skills.. and on top of that not much real estate knowledge.. you add that all up and its not a winning formula.. then you have the collateral damage.would you want your mother or father in the hands of someone like that.. then you simply have the out and out scammers.. and believe me I have run into my fair share of them.. 

I'm 28 years old and have around 25 acres of land in a will from my grand mother.

@Kathy Stewart  You might want to consider looking into traveling nurses and medical professionals as well for the short term leases.

@Mark Nolan Ok, say I go into a nursing home or assisted living.