@Jeanette LandFrom my experience working with over 400 investors, growing your portfolio with limited capital is absolutely achievable with the right strategies.

I’d be happy to connect and go over what I see my clients doing and what’s working, and what strategies are dead ends here. 

I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.

Then plan and design how you're going to deploy that cash via what strategy your wife and you have confidence in.I use a excel or google doc and my first sheet would layout all of the details of the sale including all costs that go into getting closed.

A great agent that truly understands what your investing strategy is and the why behind your goals is huge.

What other investment strategies are you looking into? 

I like your strategy of AirBB’ing the rooms.

Originally posted by @Danny Johnson:@Luke Grogan I'd love to talk strategy with you regarding the systems you've been looking at. 

Since you’re open to different financing options, here are a few strategies that might help:Hard Money Lenders – These are the go-to for most flippers since they fund deals fast.