I know it sounds like I already have my mind made up but I'm getting as much input as I can before I pull one trigger or the other.Thanks!

Ok, sounds like a plan.

<-- does that sound like a smart person that makes good choices in life and will be a good tenant? 

,Don't take this the way it sounds, but perhaps you recall a little thing in the news some years back called, "The Great Recession".

It doesn't sound like the best place to meet/network with people.  

hello to all. just a quick description of myself. i am a real estate investor working in the western New York area. i have been doing this in this area for 12 years now, with many successes. i am a licensed home inspector, work as a handyman for a local property management company, and currently own several investment houses. i can safely say that i know the area quite well. given my home inspectors experience, i feel very confident in my ability to judge the condition of a house and evaluate the rehab to bring it back to a marketable condition. having a degree in accounting, i feel quite confident in my ability to manage the numbers part of the transaction as well. having recently passed a course in furnace installation and repair, i feel i can safely replace appliances such as the furnace if need be and a water heater if need be, saving large sums of money in the rehab. he is what i am looking for. i am looking for a HML to fund my latest find. a 4 bedroom, one bath house with two stall garage in a family neighborhood that i currently own 2 houses in and have purchased more in the same neighborhood in the passed. 

Can you heat that sound?

It sounds like a decent deal.  

I was wanting to lump all the money together and buy one investment property, but it sounds like it may be complicated or impossible to keep track of who owns what percent of everything if it's all mixed together.  

you don't owe a mortgage, so there is no time clock ticking away for paying this back (plus interest). you also mentioned you have a full time job that sounds like it pays well. why not take a break, save the money you need, or pay as you go per project using your paycheck. if you haven't had to borrow money at all for this project, why start now?