The city is also working on another ordinance that will make it easier for tenants to report  substandard conditions to the city and for the city to be able to require the landlord to improve the conditions, or risk having the property boarded up.

As a life long "Memphian", I suggest The Bar-b-que Shop on Madison Ave.

For the life of me I can't seem to figure out which way makes the most sense (for my situation) to make my leap into RE.

My main purpose is to help new investors, that are thinking about jumping into real estate investing, get a real life picture of what to expect.

It cash flows well and is in fantastic condition with current long term renters. 

I've been reading in the forums lately that with FHA the PMI now remains for the life of the loan unless you refi out of it.

You will have to take care of this debt to move forward in your investing life.

Call me crazy ,but I am trying to keep her at the house where she is familiar with her home,and have read moving her will have detrimental adverse effects on her life.

But life happens, and to be closer to family (and also minimize my commute to my day job in biotech) I think I am going to put my current house on the market and look for a multifamily property closer to Albany/Berkeley or on the peninsula.

Complexity being that my mom is retired and doesn't want ANY income for whatever financial planning reasons and she doesn't want to do the work, but she's liking the idea of keeping the wealth in the family and we've had a very good financial relationship for my entire adult life.