This week in my rat race commute I started listening to audio books about investing.

Three years ago, at the age of 18, I partnered with my parents on our first single-family rental.

My goodness yes!

There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year? 

For my very first rental property the very first application I got had income which is 4.7 times rent. rent is $2550 and income $12k out of which $3kis child support.  

Wondering my recourse.

Hi everyone my name is Jamael Romans and I am a mortgage lender/investor.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I would cut my loses (and potential future loses) and sell.

Just my advice - research is key, so take your time to learn and define your strategy.