Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

@Chris Pasternak That one is a bit out of my price range right now, but maybe one day.

That price range corresponds to "B" class, at best, around here.  

Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

He was able to provide me with some town houses, condos, and a SFH in that price range from the MLS.

@Claire Batraville, there looks to be enough Fort Lauderdale properties coming up on Zillow.com in that price range for it to be do-able, though you are unlikely to get a super bargain given that your mom needs to "sign-off" on it as it were.

Verify that property passes the Self Sufficiency test *this is a rule for multi family properties purchased using FHA.

I have that all down (buy-and hold, type(s) of property, $ range for initial investment, etc.).  

In reality, it's 3 days of marketing designed to hook you into one of the "training" packages they will hit you with the third day ranging from $4,997 all the way up to $24,997.The spell will be broken when you have maxed out your credit cards and exhausted your savings without ever learning enough to do one deal.Don't get me wrong.  

In addition, HMLs will charge you interest per month (holding costs) ranging anywhere from 9% - 18% along with "points" (origination fee) - 1 point is equivalent to 1%.With that said, nowadays, most HMLs require you to have some type of "skin in the game" or a downpayment on the loan so the HML doesn't have to take on all of the risk.