Another option sell the house, look into buy a small multi family home where you could live in one side and rent the other unit(s) out and have the tenant(s) pay the remaining mortgage payment for you thus living virtually free of housing costs.

I'm planning to purchase my first multi family property within the next few months and I wanted to introduce myself to the forum.

There are multi-billion dollar expansions of several refineries along the MS river and that is creating huge demand for housing. 

You can use an FHA loan to acquire a multi-family where you live in one unit and rent out the other units.I would think you should keep it simple - You use an FHA to acquire a multi - live in one unit and consider the other units as 100% your own rental units.your brother can acquire another FHA to acquire a multi where he lives in one unit and rents out the rest.

Disclaimer: I am not a professional electrician.If the local requirements mean you need more than a couple of them, you can get multi-packs of them for a little bit cheaper. 

What I'm wanting to do is to flip a few deals this year and then really focus all that cash build up and acquire distress home and force equity into them and create long term passive income single/small multi properties by using cash out refi (the BRRRR strategy).

Im looking at getting a quadraplex under contract and wanted some feedback on my analysis. Do you think its a good deal? They countered my first offer with $292,000 with no closing cost. I am gong to counter with $280...

Also I am interested in working/helping out with anyone who needs "Boots on the ground" or anything done for multi-family or Single family rentals in the Memphis area since currently I have more time then capital and my goal is to secure my first property (2-4 plex) via an FHA loan by this summer. 

Don't let the how do I live richly while I go thought get in your way of building multi generational wealth.

Both of my rental houses are doing well producing good cash flow, but back in my back of my head, I'm telling myself another rent house will be a smart decision, but that's hasn’t not happening till 6 more months and I know vehicles are bad investments but when do we start enjoying ourselves