I've got my mother's work ethic and the carpenter logical mindset of my father.

Also, my father is going through that situation right now in one of his units as we speak.

It’s worth tripling checking everything before you spend any money.Reach out to my father Steve Moorhead too.

I'm really brand new to real estate. the only experience I have is from bigger pockets podcast, a few books, and my father in law who has a few commercial properties. 

Second, a little more back story, my father in law has worked with this contractor a few times over the years, he assures me all work will be to code and the work will be done right.

According to the owner it's been grand fathered in (still need to find out what that means) and he has no issues with zoning.One thing I did notice is that a unit on the 2nd floor only has a single egress, just the front door on the 1st floor. 

It also helps that i grew up with a GC as a father. 

The vehicle is my primary mobility device and contributes directly to wealth building and the safety of my family, in all other ways it’s a liability I have a semi functioning truck and some real estate tied up in my late fathers estate with with about 25k in back taxes plus lawyers fees.

The vehicle is my primary mobility device and contributes directly to wealth building and the safety of my family, in all other ways it’s a liability Liabilities all my “poor guy stuff”I have a semi functioning truck and some real estate tied up in my late fathers estate with with about 25k in back taxes plus lawyers fees.

Hey guys, ive been thinking about this a lot and if anyone has experience with parents handing down a house or taking over your parents' house mortgage please advise.Background: There are 5 people currently in this townhouse and my parents have paid close to half the value so far. ive graduated college debt free and have been working in my field for a year. ive been saving for a down-payment so i can move out into a multi family house and rent one side of it.my father and i had dinner and i threw the idea of taking over his payments so i can build up equity and he can get the house he really wants (ranch style with a pool).