I have saved up about 225k in cash and another 230k in stocks consisting of 401k and iras of with I could pull out a total of about 150k of.

For example - Vanguard Total Stock Market Index Fund (VTSAX). 

I am not worried about making money more interested in learning by getting Involved and obviously helping my mother. :)

I called the owner , we met an hour later , I walked the property and house ( total gut ) . i handed him a contract ON THE SPOT .

Taking action is obviously important but doing it blindly is VERY dangerous. 

Totally agree with @John Warren.

New law5k for Interest deduction 10k for charity Total 25, and still you got 1k more than standard deduction.

Total for deal is probably $150 a door, which is good.When I changed my focus, I was able to move forward with my business partner.

Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now did I understand correctly that the 630 $ should taken out against the monthly cashflow without a loan, not including vacancy, capex ?

Obvious.