Keep in touch with them as their turn is coming up, like two weeks ahead to confirm.

But to those that want straight to the point in your face 100% facts and uncensored... it is very helpful.

Hi Jean,Stock it with fish and have fun fishing all summer.Plant wild rice and maybe Ducks will show up--beautiful creatures to watch, and some people hunt them.Build a dock and toss in a small row boat....for romantic evening rides and something for the kids to play with.[1]>>> Have it tested for chemicals...some of these ponds have a years of farm runoff in them--pesticides and manure--it would be a shame if it's toxic.[2]>>> See if the sides go straight down (like a farmer scraped it out for whatever reason) and it would be dangerous vs. like a beach.Good Luck!

You are definitely a few steps ahead of me but I love the motivation!

The advantage of not having her own the property is if down the road she needs care it is income to her and not a straight asset.

Going to come out about 70k ahead in 9 months time.Lessons learned?

Since you have to be an active agent for 3 years anyway, go ahead and get started. 

I'd be careful with that advice.4-Lastly, there is NO LIMIT on the number of homes you have financed if the home you are financing is your primary residence, conventional guidelines only limit  Second home or Investment properties to 10 financed properties.In short, you should be good with either FHA or Conventional loans in your case.Here's the guideline straight from Fannie Mae https://selling-guide.fanniema...Limits on the Number of Financed PropertiesThe following table describes the limits that apply to the number of financed properties a borrower may have.Subject Property OccupancyTransactionMaximum Number of Financed PropertiesPrincipal residenceTransactions other than HomeReady loansNo limitPrincipal residenceHomeReady loansDU and manually underwritten - 2Second home or Investment propertyAllDU - 10Exception: High LTV refinance loans are exempt from the multiple financed property policies.

Ultimately if you can get someone with experience on your team that will put you way ahead on the lending side as well

I was fortunate that there was enough room in the deal that I could make mistakes and still come out ahead.