I agree 100%, every time I run an ad I get more and more calls from "investors" who want to point out to me where I'm leaving money on the table.

.), then I would say put you and your wife on the loan, leave mom off of it and look into the 100% financing angle.

If they become too much of a problem, you will end up having to ask them to leave (ie. serving a 90-day or not renewing their lease if the timeframe coincides).

If the market rate is really that high they won't have anywhere to go that is less expensive but might leave for comparable rents just for the "screw that" factor.My thoughts are to jack it up over three years, which will still build some resentment but may keep the tenants.Like you said, "It's not a hobby."

That leaves you plenty of room to unload one if needed.

Nothing too long but I do find that the quality goes up for those who leave a message.I also focus on an open event where multiple people come by at the same time.

Key here is practice practice practice and eventually you will be comfortable enough tha you can walk into a property and make a decision before you leave the place.

You might find it a bit useful.Otherwise, as Equitydeals said, you need to do your DD before leaving such a large investment in the hands of someone you don't know.

Buying right can sometimes eliminate taking cash out of your own pocket and therefore leave the need for rehabs very small.If the property you are purchasing going to be your personal residence?

Truthfully, with no more debt, I'd be out of the rat-race as soon as I could leave the JOB.Does this plan seem plausable to you guys or am I asking for trouble?