The reason i choose not to move yet is because my mother is ill and i wish to be there for her and my father.

Jason - I may be able to work out some kind of arrangement with my father as a partner.

I worked out 15% down based on thoroughly underwriting the buyer and his father (a real estate attorney) who co-signed. 

Low income tenants, with the father working and the mother staying at home with the children.

My husband's aunt is in her 80s, and is the last surviving heir to her father's property (a little over 3 acres). 

@Ian Cosley- I am filled with admiration for your father for not allowing his missing arm to get in his way to success :)Account Closed- So true!

You will also find out in real time if the real estate investing career path is what you expected.As for the kids (I have three), they soak in everything at that age and I can't think of a better message a father can send than what you are contemplating.I wish you all the best and respect what you are trying to accomplish for you and your family, @Andrey Les.

My conscience was helped immensely by the fact that she told me she had one kid on moving in and actually had 3 by different fathers living there on and off (it was a one bedroom apartment).

Some of my money, some financing, father is the GC (which makes the full-gut across the continent not as scary a risk as it sounds).Spent two months wondering why no one would take our money for a house, once we figured out what worked, we suddenly realized we needed to think a little bigger (was doing it all my cash, now I'm good with some leverage).I've got a nice w2 that I'd love to dump for half the salary, if I could generate it, but I'm thinking that might be many years from now.Anyways, I'm heading to Atlanta Wednesday morning through Sunday morning. 

My mother is from Brooklyn but my father is from Bridgeport, Chicago (Southside- go Sox!)