Area agents sold 8,518 single-family homes last month compared to the last record high of 8,367 in June 2017.

After I sold my home in San Jose, California a few years ago, the buyers didn't move in because they applied for a building permit to turn the place into a McMansion.

I paid off all but one mortgage so I have no debt to speak of.. sold all my rentals.. and moved to the debt side all interest note income. 

https://www.har.com/content/newsroom/Houston Real Estate Highlights in June Single-family home sales rose 1.8 percent year-over-year, with 8,518 units sold, the largest one-month sales volume of all time;Days on Market (DOM) for single-family homes declined from 50 to 48 days;Total property sales reached record levels, rising 1.7 percent, with 10,115 units sold – the first time that number has broken the 10-thousand mark;Total dollar volume increased 6.6 percent to slightly more than $3 billion;The single-family home median price rose 2.6 percent to $245,000, reaching an all-time high;The single-family home average price increased 4.3 percent to a record high of $316,463;Single-family homes months of inventory was at a 4.1-months supply, the highest level since last August and equal to the national inventory level;Townhome/condominium sales rose 4.9 percent, with the average price down 1.7 percent to $211,050 and the median price down 4.1 percent to $163,000;Leases of single-family homes climbed 4.7 percent with the average rent up 3.9 percent to $1,877;Volume of townhome/condominium leases fell 4.2 percent with the average rent up 6.7 percent to $1,662.

A similar four unit building sold for 498K a few months ago, but with a couple hundred less square feet and less land.

(Sold a business and have high income this year)  We agreed on: 5% P&I, 10Y Balloon, and 25y Amort.My Questions is: What if I suggest to him that we do SAME Amount of PAYMENTS BUT principle reduction payments and Not have interest component. this way i pay the property off faster.

BUT it seems a bit daunting to get started.The main concern I have is that the big appeal comes from the fact that there are fewer and fewer parks every year from those that are sold and converted to some other use. 

I sold the home a few years ago for many times what I paid for it, but only because Silicon Valley took off in ways I could have never imagined at the time I bought it.

As far as my goals, I would love to help an investor up that curb appeal while adding some investing tools to my toolbelt.  

I understand that your wife may be worried about failure, but any kind of investment comes with a chance of failure so the risks must be understood prior to jumping in and the fear must be overcome with the confidence of being successful.Since you're starting funds are $0, a HELOC can be a great tool for getting started, but ultimately you will need some kind of funds of your own because you must pay the HELOC each month during the flip.