Firstly, on top of all of your regular due diligence with buying property, you'll need to decide if you're going to get a bank/finance company involved or is it solely going to be the seller providing all the financing.If you include the bank, you'll probably want to check with them in advance to see if they're ok with having the seller's mortgage behind them as they take rates and payments on the second mortgage into consideration for their approval.Once you and the seller both agree to terms, best to get lawyers involved who can draft up documents.

He would find a lot and determine what the best use for the property would be and then decide which company would benefit the most from that location.  

I am still new to this and learning as I go, but I have decided that this is what I want to do and would like to dedicate myself to this to be able to provide a better future for my family.Thank you and looking forward to your answers!

The thing to do is to decide on your operating agreement terms with your  partner.

I decided to include my Real Estate plan for public critique.

After touring some TK properties I thought better of it and decided to invest on my own instead. 

@Leanna Mansour What did you end up deciding?

Hi BP,I'm considering a corporate relocation out of state and trying to decide whether I should sell my San Jose home or rent it out while we’re away.

Quick follow-up question: deciding then to do the Midwest direction, and to buy and hold for the long-term, is it better to take $75K and split it up as the down payments for two or three properties, and get loans on them, or, take that same $75K, and just buy one single property with it? 

Moreover, if you decide to rent the property to your relative, it must be at the market rent, you can't give him any concession because of the personal loan he provided to you to pay off your 401k loan balance.