Germantown has better cash flow potential but may require more hands-on management.

You open yourself to much more risk in not being able to finance out of it and being stuck with hard money and those fees/penalties.

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

Credit cards offer a lot of protections for the user, but that doesn't mean they are allowed to commit fraud with them.

In the end, it may be the same amount of money or more, but it will just have to be structured differently as you navigate the shifting market.Northwest Valley would be a good option. 

Hey everyone, I just finished developing a detailed guide on how to read and dispute appraisal reports effectively, and honestly, I’m amazed at how often small errors can significantly undervalue a property.

Here's link: https://rent.app/landlordAppears they are a type of payday advance lender for rent payments.Seeing more & more of this on banks statements for rental applciations, so predicting we'll all be accepting rent from them eventually for Class C & D tenants that can't seem to get out of their paycheck-to-paycheck cycles.

Before you commit money and time, look into:  How long are houses currently "On Market", (Is inventory growing or getting more scarce) and into prices.  

A lot of stuff I handled myself.

Your son is likely paying more than the property is worth, by definition, as the seller would almost certainly prefer a similar offer that was not subject to.