It sounds glamorous, like day trading stocks, but it's requires a large time commitment and the risk are greater.

I did deals all over New England.I'd be interested to hear if you're walking in with it in-hand or if its being requested when you present and offer and if its being requested then by whom and does it also accompany a deposit.Sorry to jump in on your thread with this but I'd like to know.If its helpful to this convo I don't think we ever made a decision with the client on whether or not to accept an offer or negotiate based on the depth of the buyer's pockets it always had to do with how much the asset was on the books for weighted against the potential for further loss.

Brian Stone There are a couple of things you need to consider before making this decision.

The PRO account was one of the best decisions I have made since joining the discussion on Bigger Pockets.

But many people have prospered without such advice, and more power to them.My mentor has helped me with decisions that I simply did not have the base of experience to figure out by myself.

Be the master of one trade, rather than a jack of all of them

If you could get the payments down drastically so rent covers PITI, HOA and most of the expenses, then it might be easier to refinance now, then make the decision to rent it out and move closer to your parents in a year or so.

I am unsure if it is a wise decision to move those three properties into our partnership?

I'd proceed with screening the second applicant and see if they even meet your criteria before making any decisions.

There are downsides as well as James Vermillion alluded to in the link he posted but you must figure out what your goals are and it will make the decision much easier.