With that said, it is my mother, father, nephew and two Adult Men (their payees) sharing an apartment.

We can always want more and work more and accomplish more, but we need to remember that this adult game of monopoly is fun, but the reason we got into it is to enjoy our life.Also - I am adding a new 2018 goal to my list...

Interesting ---- all the TAKERS you have from your post proposal.Wondering what you and others have to offer - cash - partnership - free advise - entertainment - a learning opportunity ?

We are also entertaining the idea of tearing down the existing house, and building two houses on the split lots.

A little about me: I'm a 25 year old engineer from Cincinnati who's become steadily more excited about the housing and entertainment renaissance happening in the greater Cincinnati area. 

I’ve seen IRR thrown around a fair bit in this sub.I’d also be willing to entertain the idea of a class C.

Educate yourself on flipping via this site.The flipping you see on TV is for entertainment value, not necessarily reality.

I’d love to read any other books you all may recommend on the subject or entertain any tips or tricks you all have had while working these types of deals.

If the money doesn't come in he doesn't loose his residence but he does have an eviction on his record which most responsible adults would like to avoid.

Obviously it would still be ideal to live nearby the entertainment hubs, but I imagine that if I was given the option of buying a much nicer house for half the cost (or renting), with these developments I would probably take it.