I agree but if your only buying deals that come to you, it is possible that you could scale significantly quicker if you had someone bringing you actual deals - although it sounds like you have a decent system where deal volume is not an issue, if thats the case then congrats and please share your secret!

Otherwise, that mortgage is on their credit until it is removed.You can certainly be co-signors on someone's real estate when they buy it for themselves...but this almost sounds like the opposite of what your sister wanted?  

It doesn't sound like you had a solid plan before you jumped into this.

The purchase price is $626k, with one unit delivered vacant, unit two currently paying $800 a month, and unit three paying $700 a month.My question pertains to the inspection report I have received, which states that the roof has around 5 years left, and I need to replace the drain iron plumbing to the street, which is estimated to be a $10k job.

Roof Ok but will likely need replaced in 5 years or so. 

Hey Wes,The world of REI is a great one, but that first one is always the toughest.At least when it comes to the Memphis market, we have a few people at our firm that have personally invested in that area so that sounds great.A lot of great opportunities out there, hopefully you can build a good team and get started and make 2024 a great year.

Having renovations done to put new paint and carpet and bathroom flooring replaced.

The humidity in the crawl space is not too bad, readings have been average to a little above average in the wood and air.I want to replace the flooring to LVP or LVT but need to have level floors in order to do this.

The house was structurally sound, but the mechanicals were very dated and the property needed a minor facelift ($7K).

Most investors goals are more modest perhaps to replace their W2 income and get financial freedom and that doesn't require 100 doors.