The house is in a great area and is a good house other than the foundation problems (which will probably cost $20K+ to repair).I do like the idea of having multiple sources of income in retirement.

My partner and I are brand new to the RE Investment game and we're looking to build a strong team here in KC, MO.

Hello AllMatt Brady here from DFW area, looking to get into the game.

Split my gains to buy multiple properties and take a loan on the remainder. 3.

Multifamily ownership and management is a whole new ball game. 

And now you and your partner have skin in the game. 

Make sure to get multiple quotes to ensure a good rate!

So if you plan on holding the note it can be lucrative and worthwhile but if your end game is to sell the note your better off selling the house at a reduced price.Also if you carry the note make sure you use a licensed 3rd party servicer as many note investors shy away from notes which are self serviced

So, they invest nothing in agents, and make them fight it out like the Hunger Games.

Soak up info and formulate a game plan.