For many young Americans, buying a home has always been a major milestone—one that represents financial stability and long-term investment.

Having your son involved in the loan, title, and insurance policy does have both benefits and drawbacks.

However, if long-term stability is the priority, sticking with the original financing approach might be the better move.

I think the math should scale (i.e. for ~$2M I should be getting >12 bedrooms minimum).Does anyone have experiencing owning investment properties near UofM central campus, and/or as a property manager, that can comment on how the rental market has been for the past decade plus (stability, concerns, etc.)? 

We do just fine with ours.I do believe that a mix is a good idea if you are looking for stability.

The stabilized properties operate fine without me but the development side of the business requires me 24/7.

And you can stabilize and secure the home..

@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Prioritize your financial stability.

- If a partner needed to be brought in, how many JV projects would I need to be "involved" in to show a track record?