I only make $85 per month positive cash flow, one good thing is that my HOA fees on that property are not that high and I have not been hit with any assessments.

The need/desire to help out my family and myself financially has me set in that position.

that is not easily seen.You sound like your in a very superior position IF you get VERY picky about what you buy.Again, I am NOT experienced and I hope that some of the highly experienced weigh in to give you much more seasoned advice.Good luck!!!

Stay positive.

Are you in a position to buy him out or vice versa?

Positives Out of the country, non paying tenantNo Equity is a sub2 or lease option (assignment - sandwich)What are comps?

Maybe 10 minutes once you are there.People will lie, or not know the whole truth, so the more informatiuon you have, the more professional you look, and the better position you have when negotiating.

With your background in construction/rehab, you're in a prime position to make things happen.

Your plan has a lot of positive elements to it - I do see a few things that may not be necessary or work as well as you think.1.

I will bust my behind the next 10 years to get in this position.