The tenant i have in there now has 2 kids and i dont think shes going anywhere anytime soon.

I'm one of the new kids on the block here in BP and in RE investing.

I hope our kids go to UVA, great school and area.

You might structure your interest with a note.If you are in title, you will be on the security agreement, deed of trust, but you may stay off the note.Frankly, I don't mind personal liability issues with rentals, good management keeps me from being negligent and in any event someone chases me, I'll sick my pit bull insurance agent and company on them, no one here will get past the liability limits even if 20 kids fall off the roof or the place blows up.

Maybe we can chat more later on after you finish some additional homework lol.Driving for dollars is simply, well, a BP term i suppose (only heard it here), I would just explain it as getting in your car and driving around and area you want to invest in and look for property that might be a candidate for you.

By this i mean, i work a full time job and 2 kids i don't have time to do all the roads of the city to find a property to by is there a specific site you guys suggest?

As it is, one of my prime motivations is to be able to give each of my kids a house someday.  

Honestly college kids don't lose their keys any more than anyone else does.  

No kidding;-)I'm with @Ray H.

Then after you have done some homework and are fairly prepared then I would ask for bits of advice you need to fill in the blanks.