With a great market they start getting more competitive with creative financing options for your first investment property much like the prior advice things like lower down payments are an option.Find the absolute worst dog of a home in a decent enough neighborhood (ensure it doesn't need to be condemned and no structural, meth, or mold issues that will supersede the overall benefits of it and flip it for a quick chunk of change).  

I thought maybe I should get the benefit by investing in a property that he can live in and pay rent to me instead of some other random person. 

What are the tax reductions and grants that the first time home buyers can benefit from?.

What to do depends on many variables such as other sources of income, retirement goals and overall future plans.IN GENERAL, you'll want to look into the benefits of an S-Corp and see if that structure is right for you.  

Posting them here benefits everyone reading.

This mentorship/partnership will be met with mutual benefits.

Couple issues I have with residential properties being held too long, depreciation and tax benefits decline and rents in mature older neighborhoods may peak and then decline, not to mention the additional maintenance over the long term. 7 to 12 years on a hold and then step up to another property keeping in a better marketable property. 

Account ClosedI would say not too many wholesalers are licensed realtors, but I find that it helps bring professionalism, and it gets you access to the MLS with ease and it bring more benefits that it does non-benefits.  

So, I got around $8K net before benefits.8% is not a withdrawal - it's the ROI.Working people prefer to have a life than devote their time to bargain hunting.

I have no qualm with making decisions, but If you do not understand it, it's NOT going to benefit you!