She immediately blamed it on her 20-some year old child and asked where the property lines are so she know exactly where to smoke......

I also want to purchase a home fha 5% Down for me and wife with newborn on Way, I can’t find duplex at good price that I’m willing to live in so may have to get a single house!

These 2 things are huge issues for me considering that I planned on occupying one of these units after we close (if we even close) on the property with my spouse n child.

When they first made contact in March, and adult answered, but now only a small child answers the door.

You have no idea when a child will die, when a roof will wear out or when your car will need replacing.

I'm expecting my first child this year, and my wife and I couldn't happier.

my name is Mike, a married military man with our first child due next week living in Virginia beach.  

Even if you are planning to manage it yourself, account for the cost of management when analyzing the deal. 1) Your wife's time is valuable, so consider this as money being paid to her for her time rather than a "savings" of not having to hire a 3rd party. 2) You might decide that you're not good at property management and need to hire one. 3) Your situation might change (birth of a child, divorce, disability, moving for work, etc.) and you won't have time, ability, or proximity to manage the property well if at all. 4) You might get to your passive income goal 20 properties down the line and decide you want to go sit on a beach and drink Mai Tais, but when you go to do it, suddenly a big chunk of your cash flow goes away because you never factored it in from the beginning. 

I’m 36 and married with a child now, so things are quite different than when I was that young 25 year old who was going to get “rich in real estate”.

Obviously its harder to pay in full when you take on more expenses throughout your life (mortgages, auto loans, car insurance, student loans, groceries, child and pet care, etc etc etc), but its a great way to build strong borrowing habits while you're younger and don't have tons of expenses.