I'm unsure what the right path is, but I've been reading about investing in owner-occupied, multi-family properties.

I'm live in Old bridge, NJ and due to high property taxes in New Jersey, PA seems like the best state to invest in(Tavel time ) I'm trying to identify rental markets and research, while trying to establish a team.I've done some research and came up with a few areas in PA include Allentown, Lehigh Valley, Bethlehem, Scranton, reading and Kutztown I'm hopping to cash flow between $100-200 per unit is possible (with property management), and can reasonably expect some appreciation in the next 10-20 years (2-4% per year would be ideal, though achieving positive cashflow on my first purchase is my #1 focus).

Avoid things like the plugs ins (which you know), read up on sachet ingredients and asthma.

You get one year of read-only access after you cancel your account.

no one is going to cover it for you.here's some good reading for the OOS investorhttps://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl...

The first step would be to get a good grasp on what it will cost to provide him with the care he needs now - and for the remainder of his life. 

In general, after reading all the comments we are leaning towards keeping the property and to use the cash flow towards another down payment in a few years. 

Its a case from Montgomery, MN from the late 1960’s and once you read the case, i believe, that like myself you’ll no longer wonder why its not discussed in law school, let alone your local boutique RE schools.

I now know what to expect and how to make an offer, which I had only read about previously.I haven't heard back from the seller yet...wondering what the typical time frame is for that?

You do care, especially about the use of the money, but that’s a separate topic.Your loan expenses, such as wire transfer and loan doc fees, will be paid by the borrower and reimbursed to you from the closing statement.