That's the first question as real estate is like another job and if you are upgrading properties it's like running a daycare. also what experience do you have?

Her income now is SS of around $2400 and a basic 40hr office job that pays all of $17/hr, but she is retiring with this move.

While they might not be the cheapest - no HM lender is "cheap" - they do a good job at what they do.

Why move the house . just cut a section off .

I'm a divorced dad to four and I'm working two jobs and never around to see my youngest.

My partner and I don't get a cut of any of the money invested, it's a flat-fee membership club.

Spend your time and money learning how to avoid that kind of situation rather than learning from on the job training.

@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.

Nice job! 

Have a steady 9-5 job but looking to branch into real estate investing as well.