The new lease between us was also a benefit to her because then she had instructions on where to send her payment portion. 

So your "Gross income net of mortgage" is $550/month which is 26.4% gross income over your $25k investment. so you can clearly see there's a benefit in leverage, NOT to mention you also get tax advantage because you get to reduce your income by interest expense so in the first year you are probably reducing your taxable income by $5000 or so...

There is a nice tax benefit to occupying a house for 2 years out of 5 for civilians and and extended period for military on orders (as both me and my husband were).  

Maybe they can put a parking lot, playground or a detention pond on this area thereby freeing up more of the build able area for development. 4) Is there any sort of flood control benefit?

Plus my father who is 51 would have the added benefit of having these two properties paid off by the time he's in his mid 60's, probably about the time he will be retiring.My Father is basically my "Private Investor" so to speak because he has cash and I have more time and energy to put into the ins and outs of finding deals and dealing with tenants.

I am newly self employed after leaving my w-2 job and benefits to flip houses and dive into multi family.

I rented a Airbnb in the catskills and it was a bummer.. beds terrible well quite working.. just not my cup of tea.I get it though for like a ski vacation or if its a high end condo that I would get.. and since I am a business traveler I get enough points each year to take two spectacular over seas vacations on my points.. up graded to suits each stay is probably worth 10k plus and its all free.. so that to me is a major benefit. 

Your IRA can not invest in a business you own 50% or more of, your IRA is for "future you"- meaning that you can not gain any current benefit from the IRA, and vice versa, you can not give your IRA any benefit - meaning you are not able to preform any free service or labor to a real estate project.

I am not saying I’m giving away my rent free to my roommates, but I will give them incentive to living with me for a couple years because I am benefiting from the equity in the home we would all be living in.

Looking for a couple of new BRRRR investors that would benefit from an active mastermind group.