Best bet: connect with local investors/lenders/brokers to narrow your focus (what type of asset, what sub-market of the metroplex).

The area is growing and I anticipate rents going up as well as house prices, i don't want to bet on this but it does give me some comfort that equity will increase over the next few years.  

I would bet that the owner works more than 20 hours a week.  

While that might sound great it can be a nightmare if more than just a few investors in a TIC.Tons of those failed during the last downturn because when the property needed repairs, refinance, or considering a sale there was lot's of infighting and opinions of what to do.

The numbers won't even make sense to re-finance into a 30 yr note.

Yea I guess I can save more, and definitely network with investors in my area.Account Closed I have looked into the 203k loan a little bit, but doesn't it require you to not sell or refinance for 3 years or something like that?

If I buy a package deal with a hard money loan and get 2 homes for the price of 1 is there going to be 1 mortgage when I refinance or separate mortgages for them both.. thanks

Her half would go to her heirs and yours would go to you.Possibly put it in a trust and you could be joint administrators of the trust....best bet is to probably consult a real estate attorney in your area.

As a small scale investor, I would argue the safest bet for the Mom & Pop investors like us is the standard single family rental property.

That’s often easier said then done but that’s gonna be your best bet.